Top Saudi Construction Companies
As the demands of Vision 2030 intensify, Construction Week Saudi unveils the 2024 ranking of the leading 16 construction contractors in Saudi Arabia. These companies play a pivotal role in the kingdom's development, contributing to the gigaprojects shaping the nation's future. The comprehensive list, curated through direct engagement with domestic contractors, involved a meticulous questionnaire. Key criteria such as major successes, projects completed in 2023-2024, current backlogs, and 2023 revenue were scrutinized. The editorial team, combining public information with their expert assessment, finalized the ranking.
Top Construction Companies in Saudi Arabia (2024)
- Nesma & Partners
- AlBawani
- El Seif Engineering Contracting
- Almabani
- ControlTap Contracting Company
- IHCC
- Shahm Contracting Company
- Construction and Planning Co. (C&P)
- Al-Ayuni Investment & Contracting
- Contracting and Construction Enterprises (CCE)
- Kabbani Construction Group
- Umm Al Qura for Development & Construction Company
- AlKifah Contracting Company
- Saudi Binladin Group (SBG)
- Mofarreh
- Makkah Construction and Development Company
1. Nesma & Partners: Since 1981
Established in 1981, Nesma & Partners has ascended to become a premier contractor in Saudi Arabia. Boasting a diversified service portfolio, Nesma & Partners specializes in industrial, O&G, civil and building, and infrastructure projects. With over 200 completed projects, the firm has achieved remarkable growth in the last 40 years.
Recent Milestones
In the past year, Nesma & Partners solidified its position by forming a local joint venture, NesmaKent, with engineering firm Kent. This strategic move positions the company as an EPC player in the O&G sector for Saudi Aramco. Furthermore, Nesma & Partners obtained multiple ISO certifications and secured a significant $1.3 billion investment from the PIF.
Nesma & Partners showcases versatility in its completed projects, including the AlUla Valley Infrastructure, Ashar Tented Resort, Bujairi Car Park, and assignments within the NEOM City program. Currently engaged in projects like MASAR Makkah and The Avenues Riyadh Mall, the firm continues to meet its digital transformation goals under the leadership of CEO Samer Abdul Samad.
2. AlBawani: 1991
Established in 1991, AlBawani stands out as one of Saudi Arabia's premier construction companies. Renowned for its resilience, steady growth, and diversification, AlBawani collaborates with government, semi-government, and private enterprises, aligning with Vision 2030 goals.
Strategic Achievements
Over the past 12 months, AlBawani achieved significant milestones, including a strategic partnership with the Public Investment Fund (PIF). This collaboration enhances the company's capacity, capabilities, and technological adoption under the leadership of CEO Fakher Alshawaf.
AlBawani's impressive project portfolio includes the RSAF Secured Communication Facility, KAFD Towers phase two, Red Sea Coastal Village, Granada Mall expansion, MADAC building, Aramco Innovation Centre, and ongoing projects like SEVEN entertainment, NEOM Hospital, and Olayan Hospital.
3. El Seif Engineering Contracting:
Securing the third spot is Riyadh-based El Seif Engineering Contracting, a member of the El Seif Group. Established in 2004, the contractor has left an indelible mark on the region's skylines with projects spanning skyscrapers, modern hospitals, residential developments, and airports.
Diverse Services
Led by Chairman Khaled Musaed El Seif, the company offers not only general contracting but also design and build services, international procurement, logistics, project construction management, and operation and maintenance contracts.
El Seif's recent accomplishments include the iconic Kingdom Tower, towers at King Abdullah Financial District (KAFD), and infrastructure works for Diriyah Gate Development Authority. As the company grows, it focuses on upskilling its manpower, upgrading construction equipment, and embracing technology for future projects.
4. Almabani:
Taking the fourth spot is Jeddah-based Almabani, a contractor renowned for its involvement in mega- and giga-projects across Saudi Arabia. Celebrating its 50th anniversary in 2023, Almabani solidified its commitment to Vision 2030 through a partnership with the Public Investment Fund (PIF).
Recent Achievements
In the last 12 months, Almabani successfully secured eight new projects valued at $1.7 billion, including contracts for Riyadh's Sports Boulevard development. Notable projects in its extensive portfolio include Six Flags Qiddiya, The Red Sea International Airport, Riyadh Metro Project, and King Abdul Aziz International Airport Phase 1.
Almabani is at the forefront of digital transformation, investing in technologies to enhance its competitiveness. With a backlog of $2.93 billion and a revenue of $614 million in 2022, the company emphasizes continued innovation.
5. ControlTap Contracting Company
Founded in 2014 and situated in Al Khobar, Saudi Arabia, ControlTap Contracting Company has emerged as a distinguished player in the contracting landscape, particularly excelling in Mechanical, Electrical, and Plumbing (MEP) systems. The company's expertise extends beyond to flooring and waterproofing, showcasing a comprehensive understanding of intricate technical disciplines.
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| ControlTap - Contracting Company |
Key Highlights
ControlTap stands out for its unparalleled mastery of the complexities inherent in MEP systems. The company's proficiency in managing Mechanical, Electrical, and Plumbing aspects positions it as a go-to choice for projects demanding intricate technical solutions.
Specialized Prowess in Flooring and Waterproofing
Beyond MEP systems, ControlTap has demonstrated specialized prowess in flooring and waterproofing. This diversification allows the company to offer integrated solutions across various facets of construction, contributing to its prominence in the industry.
With a track record of successful endeavors, ControlTap thrives in executing sizable and intricate projects. The company's ability to navigate challenges and deliver high-quality results underscores its reliability and competence in the contracting domain.
ControlTap's success is rooted in its deep comprehension of technical disciplines. This understanding not only ensures the flawless execution of projects but also positions the company as a leader in addressing the complexities associated with diverse construction requirements.
Vision for the Future
As ControlTap continues to assert its prominence, the company remains committed to upholding the highest standards in the industry. The integration of technical expertise, a history of successful projects, and a commitment to excellence positions ControlTap as a key player in the evolving landscape of Saudi Arabia's construction sector.
6. IHCC: Integrated Construction Solutions Specialist
IHCC, a leader in integrated construction solutions, specializes in healthcare, education, and mixed-use developments in Saudi Arabia. The past year marked several accomplishments, including major roles in gigaprojects and large-scale social infrastructures, showcasing financial stability and technology adoption.
Project Highlights
IHCC completed projects with a built-up area of 400,000 m2, spanning healthcare, education, mixed-use, hospitality, industrial, and other significant developments. Notable among them is the advanced Medical City in Makkah, valued at over $400 million.
In-House Services and Future Growth
With in-house services covering design, engineering, turnkey construction, MEP, finishing & fit-out, and more, IHCC's growth extends beyond Saudi Arabia. Sultan Sobhi Batterjee, IHCC's Chairman and CEO, emphasizes the alignment of expansion plans with Vision 2030, reaching projects in the UAE, Egypt, and Morocco.
7. Shahm Contracting Company
Founded in 2006, Jeddah-based Shahm Contracting Company commits to contributing to Saudi Arabia's reconstruction. Specializing in housing and infrastructure projects, Shahm gained recognition for its efficient project delivery.
Recent Projects
Shahm completed significant projects in 2022, such as the Diyar Tower project in front of King Abdullah Financial District and contracts in Jeddah and Riyadh. The contractor initiated construction work on projects like Dyar Alharam and Bouvardia View.
Recognizing the importance of digital transformation, Shahm adopted a digital mindset, promoting innovation, agility, and collaboration. Sustainability and collaboration remain focal points as the company strives to align with Vision 2030.
8. Construction and Planning Co. (C&P)
A sought-after contractor in Saudi Arabia, Construction & Planning Co. (C&P) has established a strong reputation for delivering turnkey solutions. Since its inception in 2004, the company, led by Faisal Bouzo and Tarek Al Ajlani, has expanded its comprehensive solutions, covering structural, MEP, finishing, and landscaping.
In 2022, C&P delivered key projects, including Saudi National Bank's new HQ in Riyadh's King Abdullah Financial District and commercial centers like The TwentyFive Mall in Riyadh and La Perle Mall in Jeddah.
C&P's influence extends beyond contracting with sister companies involved in commercial and residential projects, specialized MEP projects, and metal industrial works. This diversification demonstrates C&P's commitment to pushing the boundaries of the construction industry.
9. Al-Ayuni Investment & Contracting: A Legacy of Excellence
Maintaining its rank from the previous year, Al-Ayuni Investment & Contracting, operating since 2006, continues to be a key player in Riyadh's construction scene. Specializing in roads, concrete works, railway, and bridge projects, the company's commitment to both public and private sectors remains unwavering.
With over 8,000 multinational workforce members and a fleet of 6,000 machinery and equipment, Al-Ayuni boasts a successful track record, delivering more than 500 projects for over 50 clients. Completed projects, such as the Sharma to Tabuk road upgrade, demonstrate the company's operational prowess.
Currently, Al-Ayuni is actively involved in various projects, including the development of infrastructure and utilities at Jeddah Oasis industrial area and Phase 2 of Dareen East Beach in Jubail. The company's impact on Saudi Arabia's infrastructure development remains substantial.
10. Contracting and Construction Enterprises (CCE):
Established in 1992, Contracting and Construction Enterprises (CCE) stands out as a privately owned general contracting firm based in Riyadh. Recognized for its large-scale Engineering, Procurement, and Construction (EPC) contracts, CCE collaborates with major clients like Saudi Aramco and SABIC.
Project Highlights
In the period of 2022-2023, CCE played a crucial role in high-profile projects, including The Red Sea Project, delivering the Coastal Village in mid-2022. The company's commitment to health, safety, and environmental standards sets it apart, making it a leading HSE-focused contractor in the region.
CCE's portfolio includes collaborations with international firms like Samsung C&T, showcasing its global reach. The company's dedication to safety extends beyond its employees to subcontractors, clients, and other stakeholders.
11. Kabbani Construction Group
Founded in 1972, Kabbani Construction Group (KCG) has grown into one of the region's leading construction companies. The firm's reputation is built on its commitment to quality, safety, and sustainability in delivering projects on time and within budget.
Over the past 12 months, KCG completed several notable projects, including the Infinity Bridge in Dubai, MEP works for King Faisal Specialist Hospital, and the refurbishment of the Doha West Sewage Plant. The company's diverse expertise spans commercial and residential buildings, hotels, hospitals, and industrial facilities.
Digital Construction Unit (DCU)
KCG's forward-thinking approach is evident in the establishment of its Digital Construction Unit (DCU). This unit leads the digital transformation of the construction industry in Saudi Arabia, emphasizing technology adoption for enhanced project execution.
12. Umm Al Qura For Development & Construction Company:
Headquartered in Makkah and led by CEO Yasser Abuateek, Umm Al Qura For Development & Construction Company has been actively involved in planning and executing synergistic real estate developments in Jeddah and Mecca for over two decades.
Signature Projects
Notable among Umm Al Qura's achievements are the King Abdul Aziz Road Development and the Masar development within Makkah City. The Masar project, covering a vast area, features a 3,650-meter-long boulevard, serving as a natural extension of the Makkah mosque.
In the past 12 months, the company marked a significant milestone with the launch of Alinma Makkah Real Estate Development Funds, boasting an investment value exceeding $4.5 billion. This launch includes the development of seven hotel towers and two commercial complexes within the Masar development.
13. AlKifah Contracting Company
With a foundation laid more than 35 years ago, AlKifah Contracting Company (KCC) has consistently upheld its commitment to integrity. The company has not only diversified its services but has also demonstrated resilience in facing challenges, particularly in the past year.
Key Projects
Currently working on the King Fahd University of Petroleum and Minerals Business Park, a $1.5 billion megaproject in Dhahran, KSA, AlKifah has secured notable construction contracts, putting the company in the spotlight. Projects include EPC industrial building works in Riyadh and nine apartment buildings in the Jubail development.
In the face of the COVID-19 pandemic, AlKifah showcased its resilience by digitizing its supply chain and simplifying operational goals. The company successfully handled challenges related to labor, logistics, and supply chain disruptions.
14. Saudi Binladin Group (SBG):
Securing the 10th spot is Saudi Binladin Group (SBG), a Jeddah-headquartered contractor deeply associated with some of the most significant projects in Saudi Arabia. Established in 1967, SBG has been a part of the Binladin family's construction legacy, playing a pivotal role in the country's development.
Transformational Journey
Undergoing a transformational program, SBG aims to establish a robust financial and operational platform to capitalize on the substantial market opportunity for major construction projects. Notable projects include the Holy Mosque expansion, King AbdulAziz International Airport, and King Abdullah Economic City.
15. Mofarreh:
Mofarreh Al-Harbi & Partners Co. (Mofarreh), headquartered in Dammam, Saudi Arabia, stands as a leading contracting company with an extensive presence across the country, including NEOM and Riyadh.
Notable Achievements
With a legacy dating back to 1977, Mofarreh has completed over 200 projects for prestigious clients such as Saudi Aramco, Ma’aden, RCJY, and PIF. The past year witnessed the successful completion of 12 projects, including early works for SEVEN in various cities and significant contributions to NEOM projects.
Mofarreh has placed a strong emphasis on digital transformation and technology adoption. The company established a new department dedicated to digital transformation, improved drone surveying technology, and implemented Building Information Modeling (BIM) for all new projects. Additionally, a sustainability manager was appointed in the NEOM area to align projects with environmental goals.
16. Makkah Construction and Development Company:
Established in 1988 with a commitment to build up areas around the Makkah Holy Mosque, Makkah Construction and Development Company has been a pivotal player in shaping the city's landscape.
Key Project: 1st Commercial and Residential Complex
Currently constructing the 1st Commercial and Residential complex, the project located in the vicinity of the Makkah Holy Mosque includes a commercial center, a spacious prayer hall accommodating 20,000 people, towers, and a hotel.
The company, with an initial capital of US$360.6 million, has increased its capital to $438.7 million. Makkah Construction and Development Company is also a major shareholder in Jabal Omar Development Company, responsible for executing the Jabal Omar project in Makkah.
In March 2023, the company announced the opening of candidacy for the Board of Directors for its 12th season, signaling a commitment to continuous leadership excellence.
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