JIBEX Jeddah

Jebix represents an evolutionary step and an ideal platform for local and international companies to leverage the immense opportunities in the Kingdom's construction and building market.

The construction sector is the second largest non-oil sector in the Kingdom of Saudi Arabia, achieving significant progress in planning and launching major projects. The size of the construction market in the Kingdom of Saudi Arabia is expected to reach approximately $75.12 billion by 2028, according to the latest reports from global research firms covering the Kingdom's construction market. The market size was around $65.58 billion in 2023 and is anticipated to witness accelerated growth in the coming years. This growth is primarily attributed to increased infrastructure spending in the Kingdom through large-scale projects related to roads and bridges, airports and seaports, railways, and residential and commercial projects. Reports also indicate a population increase, which raises the demand for construction projects and enhances investment opportunities in this sector.