/ OUR MARKET

Market Opportunity & Industry Outlook

1.National Giga projects & Infrastructure Boom

KSA is witnessing an infrastructure and energy transformation of historic scale. The Kingdom’s pipeline of giga projects—including NEOM, Diriyah Gate, ROSHN, and others—has reached an estimated value of ~USD 1.7 trillion, according to Big 5 Construct Saudi Saudi-Arabias-Project-Overview-Map.pdf
Al-Aman’s capabilities align directly with this opportunity through its work in EPC (Engineering, Procurement & Construction) and BOT (Build-Operate-Transfer) contracts, especially in energy and electromechanical (MEP) segments.

  • The company’s scope accounts for 25–35% of total project value, translating to a SAM of USD 425–510 billion.
  • Al-Aman’s in-house manufacturing (power systems, ductwork, panels) contributes an additional ~USD 85 billion in SAM by supporting upstream supply chain needs, particularly for energy centers and rental power systems.

2.Facility Management (FM) Sector Growth

The Saudi Facility Management (FM) market has grown from ~USD 20 billion in 2015 to over USD 50 billion in 2024, with expectations to reach USD 86 billion by 2032, reflecting a CAGR of ~7% (PwC, Mordor Intelligence).

  • Al-Aman operates in the “Hard FM” segment, providing technical services including HVAC, plumbing, and electrical works, and is positioned to capture ~USD 20.3 billion in SAM.
<strong>Facility Management (FM) Sector Growth</strong>
<strong>Facility Management (FM) Sector Growth</strong>

3.Government Tenders (Etimad Platform)

The number of contracts awarded through the government’s tendering platform Etimad has increased dramatically — from 57,700 contracts in 2020 to over 395,000 contracts as of Q2 2025. Since its launch, total payment orders exceeding SAR 2 trillion have been issued.
[Source: Etimad Platform – Ministry of Finance Saudi Arabia]

Al-Aman’s Progress Toward Classification Upgrade
Al-Aman has achieved significant traction in the public tender space, with:

  • A cumulative tender portfolio of ~SAR 150 million (including completed, awarded, and in-pipeline bids).
  • Over 50% of this amount either completed or awarded.
  • This progress positions the company to soon qualify for First Class classification on Etimad, as it nears the SAR 45 million revenue threshold from completed public tender projects — one of the core prerequisites for the upgrade.

4.Industrial Production & Vision 2030

Saudi Arabia’s Vision 2030 aims to boost the industrial sector’s contribution to GDP from $88 billion in 2020 to $223 billion by 2035. To support this goal, the Saudi Industrial Development Fund (SIDF) launched the Industrial Sector Support Initiative (ISSI), with a particular focus on promoting advanced manufacturing.

  • Al-Aman’s product catalog and manufacturing capabilities are well-positioned for upgrade under the Future Factories Initiative, with potential to achieve a score above 2.0 on the Smart Industry Readiness Index (SIRI)—qualifying the company for Industry 4.0 transformation support.
  • In parallel, leading global equipment and machinery manufacturers are preparing to meet the demands of upcoming projects and are actively seeking reliable local partners for packaging, integration, and on-site technical services—areas where Al-Aman holds proven technical expertise and capacity.

/ OUR ADVANTAGE

Company’s Strength

Diverse Service Offering

Al-Aman delivers across energy generation, MEP, O&M, and manufacturing, enabling presence in multiple layers of project delivery.

Proven Track Record

With over 1,000 completed projects, the company has a robust operational history in both the private and public sectors.

Advanced Manufacturing Potential

Al-Aman’s capabilities in equipment assembly, custom fabrication, and panel manufacturing make it a strong candidate for smart factory upgrades under Saudi Vision 2030.

Global Partnerships

The company is certified and actively collaborates with leading international technology providers including:

  • Cummins
  • Caterpillar
  • Schneider Electric
  • ElSewedy Electric
Supply Chain Integration

Unlike pure contractors, Al-Aman manufactures core components, enhancing its vertical integration and reducing dependency on external vendors.