Overview

Saudi Arabia’s construction industry is considered as the pivotal engine in the country’s economic growth and is currently undergoing a sustainable transformation, this transformation is driven by the need to mitigate environmental impact, safeguard resources and develop cities that are liveable in the future.

Since the Kingdom announced the Vision 2030, the country has taken conscious and decisive steps towards a more sustainable and green future. Several government entities have been formed and millions of dollars have been set aside in budget to support the country’s transition to a green economy. Over 80 initiatives have been launched in the country accounting for more than SAR 705 BN. Tarshid was launched as the ‘Super ESCO’ in 2017 in the Kingdom and is meant to help improve energy efficiency across public and private owned buildings. Over the years the projects in Saudi Arabia’s energy efficiency sector has amounted to an estimated value in billions of Saudi Riyal.

As the economy develops and Saudi Arabia accelerates its plans to move away from an oil-based economy, several Giga projects including NEOM, Qiddiya, ROSHN, Diriyah Company; including other developments such as AL Ula, Jeddah Central Project, Al Murabba town, Riyadh Airport expansion and several others have been launched. It is heartening to see that all the new infrastructure development is being undertaken with sustainability principles at the core.

The Kingdom has fast tracked its efforts towards curbing its carbon emissions by 2030, several steps are being taken to help support this initiative like 50 additional solar PV plants to be implemented across the country this year to help reduce dependence on traditional sources of energy, additionally Tarshid also plans to retrofit 84 buildings targeting total energy savings of nearly 2.1 TW hours nationwide, moreover eight new initiatives have been introduced by the government to boost energy efficiency and lower carbon emissions. These are all amongst a long list of programmes that are being implemented to make both existing and new buildings environmentally friendly.

The 8th edition of Sustainable Buildings and RetrofitTech Saudi Summit taking place on 21 - 22 October 2024 in Riyadh will be a melting pot for all the movers and shakers of the construction and retrofitting industry; the summit will witness a high-level gathering of senior executives from government entities, developers, consultants and several project owners discussing stimulating topics including sustainable construction principles, energy efficiency, retrofitting, circularity and many more.

If you have an exciting project, case-study, solution or service to share, or want to suggest a topic that should be addressed at the Conference, please email us on opportunities@acm-events.com