7 Top Construction Company in Saudi Arabia in 2024

In the dynamic landscape of Saudi Arabia’s construction industry, a cadre of top-tier companies has emerged as transformative forces, reshaping skylines and contributing significantly to the Kingdom’s ambitious Vision 2030 objectives. This comprehensive overview delves into the remarkable achievements, strategic initiatives, and future outlooks of seven leading construction entities—Nesma & Partners, AlBawani, El Seif Engineering Contracting, Almabani, IHCC, Shahm Contracting Company, and Construction & Planning Co.

These construction company in Saudi Arabia collectively represent the epitome of excellence, resilience, and innovation, with a cumulative track record of completing over 200 projects, encompassing diverse sectors such as healthcare, education, infrastructure, and commercial developments. In the past year alone, these companies secured contracts valued at over $1.7 billion, demonstrating their continued prowess in winning and executing projects crucial to the Kingdom’s development.

Statistically, these construction company in Saudi Arabia impact reverberates across the Saudi construction panorama, with a combined workforce exceeding 75,000 employees and a remarkable safety record, surpassing 85 million safe hours without lost-time injuries. The strategic partnerships forged with entities like the Public Investment Fund underscore their alignment with Vision 2030 goals, positioning these companies at the forefront of monumental transformations in the Kingdom.

This comprehensive exploration delves into their strategic ventures, technological advancements, sustainability initiatives, and key projects, providing a holistic perspective on how these industry leaders continue to shape the narrative of construction company in Saudi Arabia. As the sector navigates challenges and embraces opportunities, the following pages unravel the stories of resilience, innovation, and commitment that define the future of construction in the Kingdom.

Established in 1991, AlBawani, a construction company in Saudi Arabia, has emerged as a leading construction entity in Saudi Arabia, distinguished by its resilience, sustained growth, and diversification strategies. As a key contributor to the realization of Saudi Arabia’s Vision 2030 goals, the contracting giant has not only navigated various industries but also formed strategic collaborations with government, semi-government, and private enterprises.

In the last 12 months, AlBawani has achieved notable milestones, solidifying its position through a strategic partnership with the Public Investment Fund (PIF). This partnership has paved the way for the company to enhance its capacity, broaden capabilities, foster growth, and integrate advanced technologies. This endeavor aims to strengthen local supply chains, ensuring the seamless execution of present and future projects within the kingdom.

Among the remarkable projects completed by AlBawani in the past year are the RSAF Secured Communication Facility, data center initiatives in Qassim and Jeddah, the KAFD Towers phase two, Red Sea Coastal Village endeavors, Granada Mall expansion, MADAC building, Aramco Innovation Centre, SAR project in Qurayyat, and Bujairi public realm and infrastructure works for the Diriyah project.

The contractor continues its commitment to excellence with ongoing projects such as SEVEN entertainment, NEOM Hospital, Olayan Hospital, Sports Boulevard development, Royal Commission for AlUla initiatives, Lucid production plant, and RSGT – MENA, among others. AlBawani has also contributed significantly to education infrastructure, delivering 27 schools in Jeddah as part of the Wave 1 project, with plans for a total of 60 schools in Jeddah and Makkah.

In alignment with its forward-thinking approach, AlBawani places a strong emphasis on digital transformation and technological adoption. Under the leadership of CEO Fakher Alshawaf, the company has embraced change management practices, facilitating seamless transitions in group processes, business models, and existing technologies.

AlBawani’s standing as a top contractor in Saudi Arabia is anchored in a robust foundation of credentials, on-time project delivery, effective management, innovation, technology integration, corporate governance, social responsibility, and a heightened focus on Health, Safety, and Environment. The firm’s commitment to client satisfaction, expansive geographical presence throughout the Kingdom of Saudi Arabia (KSA), and access to extensive resources position it as a significant contributor to the realization of Saudi Arabia’s Vision 2030.

Securing a commendable third position on the esteemed list is El Seif Engineering Contracting, a construction company in Saudi Arabia, headquartered in Riyadh and proudly affiliated with the El Seif Group since its inception in 2004. This construction powerhouse has left an indelible mark on the regional landscape by successfully delivering transformative projects that redefine skylines and urban centers. From towering skyscrapers and state-of-the-art hospitals to expansive residential developments and critical airports, El Seif Engineering Contracting has been instrumental in shaping the modern face of the region.

Under the visionary leadership of Chairman Khaled Musaed El Seif, the company has achieved significant milestones. Notable among these accomplishments is the completion of the iconic 302-meter-high Kingdom Tower in Riyadh, a symbol of architectural prowess. The contractor has also played a pivotal role in constructing multiple towers within the King Abdullah Financial District (KAFD), undertaking infrastructure works for the Diriyah Gate Development Authority, and delivering 2,000 villas for Abu Dhabi’s renowned Aldar Properties.

Beyond general contracting, El Seif distinguishes itself by offering a comprehensive suite of services, including design and build expertise, international procurement, logistics, project construction management, as well as operation and maintenance contracts. The company’s diverse portfolio encompasses a wide array of project types, showcasing its versatility and adaptability in a dynamic industry.

As El Seif Engineering Contracting continues to evolve and expand, it strategically prioritizes enhancing the skillset of its workforce, upgrading construction equipment, and leveraging technology to efficiently tackle major projects. Notably, the company stands out as one of the select Saudi contractors that holds three key certifications in quality management, health and safety, and environmental management systems—ISO 9001, ISO 14001, and OHSAS 18001—underscoring its commitment to excellence, safety, and environmental responsibility. The trajectory of El Seif Engineering Contracting exemplifies a commitment to innovation, quality, and sustainable growth in the ever-evolving construction landscape.

Securing the fourth spot is Almabani, a prominent Jeddah-based contractor celebrated for its involvement in colossal mega- and giga-projects within the Kingdom of Saudi Arabia. Marking its 50th anniversary milestone in 2023, Almabani initiated a strategic partnership with the Public Investment Fund (PIF), aligning its endeavors with the transformative Vision 2030.

In the preceding year, Almabani achieved significant milestones by winning bids for eight new projects, collectively valued at a substantial $1.7 billion. Notably, the contractor also secured contracts for the execution of key projects within Riyadh’s Sports Boulevard development. Almabani’s portfolio boasts iconic ventures such as Six Flags Qiddiya, The Red Sea International Airport, Riyadh Metro Project, and the monumental King Abdul Aziz International Airport Phase 1.

In the realm of digitalization, Almabani is at the forefront, strategically employing various resources to advance and innovate its construction technologies. The company envisions that these digital initiatives will pave the way for further developments and advancements, enhancing Almabani’s competitive edge in the market. Building on its robust performance in 2022, Almabani disclosed an impressive backlog standing at $2.93 billion, coupled with a commendable revenue figure of $614 million.

The strategic alignment with the Public Investment Fund underscores Almabani’s commitment to contributing to the key strategic sectors outlined in Vision 2030, positioning itself as a pivotal player in the monumental transformations underway in Saudi Arabia. As the company continues to secure projects, innovate its technological landscape, and contribute to the kingdom’s ambitious vision, Almabani stands as a beacon of excellence and progress within the construction industry.

IHCC, a construction company in Saudi Arabia, stands at the forefront of integrated construction solutions, specializing in healthcare, education, and mixed-use developments within Saudi Arabia. The company’s success is underscored by its financial stability and commitment to leveraging technology to enhance its services.

In the past 12 months, IHCC has played a pivotal role in shaping gigaprojects and extensive social infrastructures across Saudi Arabia. Notably, the company has successfully delivered projects encompassing a sprawling 400,000 m2 in various sectors, including healthcare, education, mixed-use, hospitality, industrial, and other significant developments.

IHCC’s portfolio extends to complex projects, including LEED Platinum developments in diverse regions, and ongoing luxury hospitality initiatives integral to the Public Investment Fund’s (PIF) gigaprojects. With completed projects totaling over $1.12 billion in the last year, IHCC’s standout achievement is the advanced Medical City in Makkah, boasting a substantial built-up area of 160,000 m2 and a value exceeding $400 million.

Recognizing the imperative role of digitization in advancing Saudi Arabia’s infrastructure, IHCC has not only embraced the latest technologies in its service delivery but has also pioneered solutions supporting integration and the high-performance buildings concept. This approach enables proactive measures to enhance building sustainability, cost efficiency, reliability, health, and safety by monitoring critical aspects such as energy consumption, water usage, air quality, maintenance, solar efficiency, waste management, occupancy, and security.

IHCC’s ascendancy is attributed to its comprehensive in-house services, spanning design and engineering, turnkey construction, MEP (mechanical, electrical, plumbing), finishing and fit-out, energy efficiency, sustainability solutions, facilities management, and involvement in public-private partnerships (PPPs).

Sultan Sobhi Batterjee, Chairman, and CEO of IHCC, underscores the organization’s growth, citing the successful delivery of prestigious contracts, including large-scale hospitals, medical cities, educational facilities, mixed-use developments, hospitality projects, luxury residential complexes, and industrial facilities across the kingdom and the Middle East. IHCC’s expansion aligns seamlessly with Saudi Arabia’s Vision 2030, supporting the export of local content beyond the kingdom, with ongoing mega projects in the UAE, Egypt, and Morocco. The company’s proven track record, capabilities, growth trajectory, extensive experience, and future plans position IHCC as a leading integrated solutions turnkey contractor in Saudi Arabia and the MENA region, poised for sustained success in the years to come.

Shahm Contracting Company, a construction company in Saudi Arabia, headquartered in Jeddah, stands as a distinguished construction firm committed to the ambitious reconstruction of Saudi Arabia. Founded in 2006, Shahm specializes in housing and infrastructure project development, earning widespread acclaim for its ability to execute projects with speed and efficiency.

In recent years, Shahm has celebrated significant milestones, including the successful delivery of the Shams Al Dyar project, as well as over 600 units in Luluat Al-Dyar and 1,000 units in Bouvardia City, Jeddah. Notably, 2022 marked the completion of several projects, such as the Diyar Tower project, strategically located in front of the King Abdullah Financial District (KAFD). The company secured additional contracts in Jeddah and Riyadh, underlining its consistent growth and influence in the construction sector.

Adopting a forward-thinking approach, Shahm acknowledges the pivotal role of digital transformation in the construction industry. Embracing a digital mindset, the company promotes innovation, agility, and collaboration. Recognizing that digital transformation extends beyond technology, it embodies a cultural shift in work practices and business operations. Consequently, Shahm has implemented digital solutions for project tracking, data analysis, and data-driven decision-making.

Sustainability and collaboration are cornerstones of Shahm’s philosophy, aimed at creating value for customers, employees, and stakeholders. Aligned with the goals of Vision 2030, the company leverages its extensive industry experience to produce exceptional work. As the contracting sector undergoes rapid transformation in the Kingdom, Shahm prioritizes sustainability in its buildings and integrates cutting-edge construction technologies to ensure impeccable execution and adherence to project timelines.

Under the leadership of Chairman Eng Muammar Al-Atawi, Shahm Contracting Company is at the forefront of transforming the contracting sector in the Kingdom, positioning itself to compete on a global scale. The firm’s success is attributed to its unwavering commitment, dedication to quality, and the synergistic collaboration within its teams. As Shahm continues to shape the future of construction in Saudi Arabia, it stands as a beacon of excellence and innovation in the industry.

Construction & Planning Co. (C&P), a construction company in Saudi Arabia, has solidified its standing as a premier contractor in the kingdom, distinguished by a robust reputation for delivering turnkey solutions of unparalleled quality. Co-founded in 2004 by managing partners Faisal Bouzo and Tarek Al Ajlani, the company has evolved into a comprehensive construction entity, excelling in structural, MEP, finishing, and landscaping aspects of projects.

With a remarkable backlog, C&P boasts projects covering a combined built-up area exceeding 230,000 m2. In a pivotal role, the company secured the main contractor position for the bespoke fit-out services of the new headquarters of the Saudi Stock Exchange (Tadawul), encompassing a staggering 18,000 m2.

The scope of C&P’s influence extends to multiple commercial centers, including The TwentyFive Mall in Riyadh and the La Perle Mall in Jeddah, owned by The First Avenue Real Estate Development, a sister company of C&P. The conglomerate extends beyond contracting, with entities like The First Avenue focusing on commercial and residential projects, and City Heights Real Estate Development Co. specializing in premium residential properties.

SMEP, another sister company, concentrates on MEP services for industrial and electromechanical projects, while BACH Industrial is dedicated to exceptional metal industrial works.

C&P’s commitment to growth is evident in its expanding portfolio, marked by key projects in 2022. Notable achievements include delivering Saudi National Bank’s new HQ, Saudi Downtown Company’s HQ, Saudi AZM’s HQ, Alamar Domino’s HQ, multiple AMC cinemas, and the rollout of EL&N London’s shops across the kingdom.

The company’s kingdom-wide presence and strategic back offices in Cairo, Egypt, underscore its commitment to seamless project execution and continued expansion. C&P’s ongoing endeavors exemplify its dedication to pushing the boundaries of the construction industry, solidifying its status as a transformative force in the Saudi construction landscape.

In conclusion, these top construction company in Saudi Arabia—Nesma & Partners, AlBawani, El Seif Engineering Contracting, Almabani, IHCC, Shahm Contracting Company, and Construction & Planning Co.—have showcased exemplary performance, resilience, and commitment to innovation. Over the years, they have played pivotal roles in shaping the Kingdom’s skyline, contributing significantly to Vision 2030 objectives.

Nesma & Partners, with its strategic business initiatives, collaborative ventures, and ISO certifications, stands as a model for sustained growth and adaptability. AlBawani, in partnership with the Public Investment Fund, demonstrates a forward-thinking approach, aligning with Vision 2030 and achieving milestones in digital transformation.

El Seif Engineering Contracting, a pioneer in construction, embraces versatility and comprehensive services, backed by certifications attesting to its commitment to excellence. Almabani, marking its 50th anniversary, stands as a key player in mega-projects, with a focus on technological advancement.

IHCC, specializing in healthcare and education projects, leverages technology to deliver high-quality integrated solutions, contributing to Saudi Arabia’s infrastructure development. Shahm Contracting Company, under Chairman Eng Muammar Al-Atawi, emphasizes sustainability and digital transformation, shaping the future of construction.

Construction & Planning Co. showcases prowess in turnkey solutions, evidenced by its diverse portfolio and strategic initiatives. Their commitment to growth, digitalization, and seamless project execution signifies a transformative force in the Saudi construction landscape.

As these construction company in Saudi Arabia continue to evolve, they position themselves as integral contributors to the Kingdom’s ambitious vision. The outlook is promising, marked by ongoing projects, strategic partnerships, and a dedication to sustainability and technological advancements. With their collective commitment to excellence, these companies are poised to shape the future of construction in Saudi Arabia and beyond, fostering growth, innovation, and progress in the industry.