Moroccan Construction Leader TGCC Enters Saudi Market

Saudi Arabia: The agreement will enable Moroccan construction leader TGCC’s Middle East subsidiary to collaborate on construction projects led by the Saudi investment group within the Kingdom. 

This partnership marks Moroccan construction leader TGCC’s debut in one of the world’s most dynamic construction markets. Saudi Arabia is poised to become the global leader in the construction industry by 2028, with total project values across all sectors projected to reach USD 181.5 billion, according to a report by real estate consultancy Knight Frank. Naif Alrajhi Investment, a leading Saudi conglomerate, oversees a diversified portfolio with a strong emphasis on real estate development. The company is active across 14 sectors, operating both domestically and internationally. 

“This alliance with TGCC Middle East aligns perfectly with our vision to contribute to the development of vibrant, forward-looking urban environments in Saudi Arabia and beyond,” said Naif Saleh Alrajhi, Chairman and CEO of Naif Alrajhi Investment. “We are pleased to collaborate with a partner known for its technical excellence and reliability.” 

Source: Morocco World News