Saudi top team pushes on with giga-projects supported by web of local contractors

In depth
Issue 1131 - 29 Jul 2021 | 9 minute read

The Covid-19 pandemic has put huge pressure on government finances, but Crown Prince Mohammed Bin Salman’s favoured mega-projects have continued nevertheless, underpinned by PIF funding to offset the lack of foreign investment. Research by GSN, supported by data provided by Diligencia, shows the bulk of contracts have gone to some of the kingdom’s most long-established companies.

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