REGIONAL REPORT Ӏ MIDDLE EAST
Standout projects include
SAR1.9 billion ($500 million) for the Sedra Community housing development project in northern Riyadh; the project is from the Roshn Group, which claims to be a key enabler of Saudi Vision 2030. And SAR12 billion ($3.2 billion) in water projects in Aseer, Qassim, and Al Baha. The real estate, leisure, and data infrastructure sectors are also driving growth. Licenses worth SAR146.3 billion ($39 billion) for 192 real estate projects were issued in 2024. Saudi Entertainment Ventures (Seven) plans to develop 21 entertainment hubs across 14 cities by 2027 with SAR50 billion ($13.3 billion). Data centres are emerging as a major growth driver, with electrical construction products specialist Alfanar committing SAR5.3 billion ($1.4 billion) for new facilities.
Neom, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi- based international developer, investor and operator of data centres have also partnered to create Saudi Arabia's first sustainable AI data centre in Oxagon. An initial investment of USD 5 billion by DataVolt will fund the first phase of the factory’s development, expected to be operational by 2028. Neom says the agreement marks a significant milestone in the expansion of KSA's digital infrastructure, reinforcing its position as the region’s leading data hub. Green infrastructure and
renewable energy projects are also underpinning construction growth. Saudi Arabia’s energy transition strategy targets net- zero GHG emissions by 2060. Key projects include in this area include SAR31.5 billion
KANOO SUPPLIES JASO CRANE FOR SUBSTATION BUILD
Dubai-based lifting solutions provider Kanoo Cranes has supplied a Jaso J560 tower crane in for the L&T Barsha South DEWA (Dubai Electricity and Water Authority) Substation construction project. The company says the heavy-duty crane is well-suited to the work as it is engineered to handle
precast loads with precision and efficiency. A few months ago representatives from Jaso went to Dubai to develop its business strategy for
upcoming construction projects in the region. ‘Our collaboration aims to define and optimise operations that will shape the future of
construction over the next few years, ensuring that we continue to deliver innovative, reliable, and efficient solutions for our clients,’ says Jaso. In addition to the Jaso collaboration, Kanoo says it also partners with crane manufacturers Maeda and Spierings to deliver cutting-edge technology for construction, infrastructure, and industrial applications in the region.
The Jaso J560 tower crane at the substation project construction site in Dubai
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