Saudi Arabia is making global headlines with its bold transformation plans. In 2025, the Kingdom will see a surge of new mega projects in Saudi Arabia, reshaping its economy, cities, and global standing. If you’re an investor, entrepreneur, or business consultant, now is the time to understand these developments.
These massive undertakings are part of the Kingdom’s Vision 2030 strategy, focused on diversifying its economy, boosting tourism, and attracting foreign investment. In this article, we’ll explore the top new projects in Saudi Arabia, including updates on Giga projects in Saudi Arabia like NEOM, The Red Sea Project, and Qiddiya. You’ll also learn how these projects are creating endless opportunities across various sectors.
Understanding Saudi Arabia’s Vision 2030
Vision 2030: An Overview
Vision 2030 is Saudi Arabia’s comprehensive and forward-thinking strategy to reduce its dependence on oil while cultivating a sustainable, innovation-driven economy. This ambitious roadmap, introduced in 2016, serves as a blueprint for long-term economic and social transformation.
The Three Pillars of Vision 2030
- A Vibrant Society: Focused on cultural enrichment, health, and overall well-being. It aims to create a society that appreciates its roots while embracing modern values.
- A Thriving Economy: Centers on entrepreneurship, diversification, and job creation. It seeks to empower businesses and attract global investment.
- An Ambitious Nation: Driven by transparency, accountability, and effective governance, this pillar is about building a high-performing government and a responsible citizenry.
Mega Projects as the Engine of Transformation
These foundational pillars are brought to life through bold and diversified Saudi Arabia mega projects designed to revolutionize infrastructure, boost tourism, integrate cutting-edge technology, and uplift the overall lifestyle quality within the Kingdom.
Accelerated Development in 2025
By 2025, the pace and execution of these projects are expected to accelerate significantly. From smart cities and green energy hubs to world-class entertainment and cultural landmarks, Saudi Arabia is laying the groundwork for a globally competitive and investment-friendly environment.
This presents unprecedented opportunities for both local entrepreneurs and international investors to become part of the country’s transformation journey.
Top New Mega Projects in Saudi Arabia in 2025
1. NEOM – A Futuristic Smart City
NEOM is a $500 billion city being built entirely from scratch in the northwestern region of the Tabuk Province. It spans over 26,500 square kilometers and is envisioned as a zero-carbon, tech-driven city powered completely by renewable energy. It will integrate advanced robotics, smart infrastructure, and cutting-edge AI solutions to redefine urban living.
Key features of NEOM in 2025:
- Construction of THE LINE, a linear smart city, is underway
- Trojena, a mountain tourism hub, will start welcoming tourists
- Oxagon, the world’s largest floating industrial city, is nearing completion
NEOM represents the Kingdom’s commitment to innovation, sustainability, and future living.
2. The Red Sea Project – Luxury Tourism Reimagined
One of the standout giga projects in Saudi Arabia, the Red Sea Project is a luxury tourism destination located along the pristine western coastline of the Kingdom. Stretching over 28,000 square kilometers, it features stunning islands, desert landscapes, and volcanic mountains, all aimed at redefining sustainable, ultra-luxury tourism in the region.
What’s new in 2025?
- The first phase includes 16 luxury resorts
- Fully sustainable infrastructure powered by solar and wind energy
- Coral reef preservation and marine research facilities
This project is expected to attract one million tourists annually by 2030.
3. Qiddiya – The Capital of Entertainment
Set near Riyadh, Qiddiya is rapidly evolving into the Kingdom’s premier destination for entertainment, sports, and the creative arts. This visionary project spans over 334 square kilometers and includes theme parks, sports arenas, cultural institutions, and performing arts venues, reflecting Saudi Arabia’s commitment to enriching lives and diversifying economic activity.
Highlights in 2025 include:
- Six Flags Qiddiya theme park opens to the public
- Motorsports circuit development progresses
- Creative arts and cultural complexes near completion
Qiddiya is attracting both regional and international investments in the entertainment industry.
4. King Salman Park – Green Space at Scale
In the heart of Riyadh, King Salman Park will be the largest urban park in the world once completed. Spanning over 16 square kilometers, it is designed to be a green lung for the city, offering a wide range of recreational, cultural, and sports facilities while significantly improving urban air quality.
Features launching in 2025:
- Expansive botanical gardens
- Cultural venues like theatres and museums
- 7.5 million square meters of green space
This aligns with Saudi Arabia’s efforts to enhance urban living standards and sustainability.
5. Diriyah Gate – A Cultural Heritage Showcase
Diriyah is the birthplace of the first Saudi state and is being transformed into a global heritage and tourism destination. This ambitious project aims to blend historical preservation with modern luxury by showcasing traditional Najdi architecture, establishing heritage museums, fine dining spots, and creating immersive cultural experiences for global tourists and locals alike.
2025 progress includes:
- Luxury heritage hotels
- World-class museums
- Walkable heritage districts blending modernity and tradition
Diriyah Gate is set to preserve Saudi culture while boosting tourism revenues.
Opportunities for Businesses and Investors
These new projects in Saudi Arabia are not only architectural marvels but also gateways to significant business opportunities across various high-growth sectors:
Construction and Engineering
With dozens of giga projects underway, demand for civil engineering, architectural services, heavy equipment supply, and construction materials is at an all-time high. Local and international firms are actively participating in tenders for infrastructure, housing, and industrial facilities.
Hospitality and Tourism
Saudi Arabia aims to welcome 100 million visitors annually by 2030. The development of luxury resorts, eco-hotels, theme parks, and tourist transport services offers a golden opportunity for investors and operators in the hospitality industry.
Renewable Energy
Sustainability is a major component of Vision 2030. Projects like NEOM rely entirely on renewable sources, driving demand for solar, wind, and hydrogen-based energy solutions. Investment in green tech and energy infrastructure is highly encouraged.
Healthcare and Wellness
As the population grows and tourism expands, healthcare becomes a priority. Hospitals, wellness resorts, and digital health platforms are gaining ground in project masterplans. Foreign expertise and joint ventures are welcomed to bridge service gaps.
Technology and Artificial Intelligence
Saudi Arabia is investing heavily in smart city tech, AI, and big data. Opportunities are abundant in cybersecurity, IoT, digital platforms, and automation. Government contracts and private partnerships offer attractive entry points.
Foreign investors and GCC nationals are welcomed with improved business-friendly regulations, reduced red tape, and incentives including 100% ownership in key sectors, making Saudi Arabia a highly competitive investment destination in 2025.
Why Invest Now?
2025 marks a pivotal year where strategic planning turns into tangible results. As infrastructure breaks ground and flagship facilities open their doors, early investors and companies will benefit from first-mover advantages, government-backed incentives, and accelerated growth trajectories. Entering the market now ensures long-term positioning within Saudi Arabia’s dynamic and rapidly evolving sectors.
Frequently Asked Questions
Projects like NEOM, The Red Sea Project, Qiddiya, Diriyah Gate, and King Salman Park are leading the way in 2025.
Yes. Foreigners are allowed to invest in multiple sectors. Saudi Arabia has eased its foreign investment laws.
Absolutely. The government offers tax incentives, 100% ownership in some sectors, and streamlined licensing.
You can register through SAGIA (now MISA) or use professional services like Expandway for faster, smoother setup.
Construction, tourism, technology, logistics, and green energy show the highest growth potential.
Conclusion
The new mega projects in Saudi Arabia reflect a bold vision for the future. As Vision 2030 drives development, the Kingdom is opening up to innovation, business, and sustainable growth. Whether you’re looking to invest, collaborate, or start a business, 2025 is the perfect time to get involved. With projects like NEOM, Qiddiya, and The Red Sea Project, Saudi Arabia is positioning itself as a global leader.
Ready to take the next step?
Contact Expandway today for expert guidance in launching your business in the heart of the Middle East.