Market snapshot of Saudi's stadium and expo projects

25 January 2024
Major announcements last year about the 2034 football World Cup and World Expo 2030 will positively impact the region’s construction market for years to come

Key points: 

> STADIUM PACKAGES: In July 2023, Saudi Arabia’s Sports Ministry issued a prequalification notice for the construction or expansion of five stadiums – three in Riyadh and two in the Eastern Province. 

> COST: The work on the stadiums is estimated to be worth SR10.1bn ($2.7bn)

> TRAINING SITES: Training facilities are also planned, with construction due to start in July 2024

> NON-SPORTS MINISTRY STADIUMS: Another set of stadiums is proposed outside of the Sports Ministry’s remit, falling instead under the PIF’s gigaprojects programme. These include stadiums at Neom, Jeddah Central and Qiddiya

> 2030 WORLD EXPO: The circular expo site will be located north of Riyadh, close to King Khalid International
airport (KKIA), and is likely to be served by an extension to the Riyadh metro, a dedicated station and a link with KKIA

> BUDGET: An official budget of $7.8bn has been set for the expo, of which some $400m will be offered to developing nations to support their pavilions

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