Saudi Arabia’s 2026 Budget Signals Opportunities and Pressures for Infrastructure Sector

  • Saudi Arabia’s 2026 budget maintains strong support for infrastructure under Vision 2030, though cost-efficiency measures may affect project timelines and funding structures.
  • Spending discipline and global cost volatility are expected to intensify competition among contractors and pressure margins across long-term projects.
  • The budget outlines a multi-year pipeline in transport, urban development, and utilities, supported by growing use of PPPs and alternative financing models.
  • Firms with strong governance, regulatory compliance, and sustainable, technology-driven capabilities are likely to be best positioned as the Kingdom advances its transformation agenda.