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ROSHN Giga Project: Opportunities in Construction, Hospitality, and IT for Global Companies

Saudi Market Outlook

6 Sept 2024

Dunya Hassanein

International investors can benefit from unique opportunities for growth available in ROSHN across pivotal sectors.

ROSHN's contribution to GDP is forecast to reach $83.07 billion (SAR 312 billion) by 2030, creating up to 388,000 jobs. For global companies, the ROSHN giga project represents an entry point into Saudi Arabia’s key high-performing sectors.

The Public Investment Fund (PIF)-powered project has a strong commitment to sustainability, technology integration, and innovative urban planning, which opens a wide range of opportunities.

Whether it’s sustainable construction, luxury tourism offers, smart city technologies, or advanced infrastructure, ROSHN presents fertile ground for opportunities for investment and collaboration.

Key Opportunities Available in ROSHN Across Diverse Sectors

  • Construction: Residential and Commercial Real Estate - ROSHN plans to build over 400,000 housing units, including 30,000 homes in SEDRA and 65,000 homes in Jeddah by 2030.
  • Infrastructure: Green Energy - ROSHN’s partnership with EVIQ to develop EV infrastructure, including charging stations, is part of a $2.1 billion investment in infrastructure projects.
  • Hospitality: Tourism and Leisure - The MARAFY project in Jeddah, part of a $2.4 billion hospitality contract, offers significant opportunities for luxury hotel operators and entertainment brands.
  • Entertainment: ROSHN’s partnership with Malahi to bring arcade and digital gaming experiences aligns with its $83 million investment in entertainment infrastructure.
  • IT: IoT Solutions in Smart Cities Development - ROSHN’s IoT initiative, in partnership with Cisco, focuses on developing smart building systems across its communities, with potential contracts exceeding $500 million. 

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