Latest news with #andHousing
Yahoo
2 days ago
- Business
- Yahoo
Saudi Arabia Landscaping Market Grows to $2.50B as Giga Projects Expand
The KSA landscaping market sees a rise to USD 2.50 billion, supported by major developments like NEOM and the Red Sea Project. Urbanization in Riyadh and Makkah, coupled with initiatives like the Riyadh Green Initiative, fuel demand. Challenges include water scarcity and skills gap, met with opportunities in climate-responsive landscaping and smart irrigation solutions. Dublin, June 06, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Landscaping Market Outlook to 2029" has been added to offering. The Kingdom of Saudi Arabia (KSA) Landscaping Market is experiencing remarkable growth, valued at USD 2.50 billion, reflecting increased investments in public infrastructure and private residential projects. The sector's growth is fuelled by large-scale projects like the Red Sea Project, NEOM, and King Abdullah Financial District. The expanding pipeline of giga projects and mixed-use developments continues to propel the demand for landscaping across the kingdom. In particular, the Riyadh Province and cities like Makkah and Jeddah are at the forefront of this expansion. High urbanization rates, substantial hotel developments, and commercial growth in these areas have significantly boosted the demand for green spaces and water-efficient outdoor amenities. Makkah alone contributes 85,000 hotel room keys under development. Initiatives such as the Riyadh Green Initiative aim to plant 7.5 million trees, enhancing the region's landscaping projects and drawing attention from public and private sector contracts. Landscaping companies in Saudi Arabia navigate regulatory frameworks established by the Ministry of Municipal, Rural Affairs, and Housing and adhere to guidelines from the Saudi Contractors Authority. New policies, including the 2.5% white land tax, incentivize urban development, while further initiatives support the Vision 2030 goals of increasing green space per capita, emphasizing environmental sustainability. Contractual regulations mandate performance bonds, insurance guarantees, and restrictions on subcontracting. KSA Landscaping Market Segmentation By Product Type: The market covers categories such as Hardscaping, Softscaping, Lighting and Water Features, and Green Infrastructure. Hardscaping is prominent due to infrastructure projects like NEOM and Diriyah Gate, focusing on pathways, plazas, and long-lasting surfaces. By Service Type: It includes Design & Planning, Installation & Construction, and Maintenance & Irrigation Management. The arid climate necessitates robust maintenance and irrigation services, especially notable with large-scale hotel developments underway. KSA Landscaping Market Competitive Landscape The market is moderately fragmented, with a blend of local contractors and established engineering firms. Companies with expertise in smart irrigation, drought-tolerant designs, and involvement in giga-projects are gaining a competitive edge, as sustainability becomes a primary bid criterion. KSA Landscaping Market Analysis Growth Drivers Main drivers include the Vision 2030 Urban Greening Mandate and tourism-related aesthetic enhancements. Giant developments like NEOM require intricate landscaping in resorts and urban plazas, while the real estate expansion prioritizes greenery and eco-friendly solutions. Market Challenges Key challenges involve water scarcity and a shortage of skilled landscaping professionals. Successful projects depend on efficient irrigation and drought-resistant techniques, challenging the sector amidst labor constraints and a lack of specialized training programs. KSA Landscaping Market Future Outlook Projected to grow steadily over the next five years, the market will be driven by urban expansion, tourism beautification, and green infrastructure development. Companies focusing on native plant systems and integrated smart technology are poised to secure significant long-term contracts. Market Opportunities Climate-responsive landscaping, leveraging native plant solutions, and smart irrigation technologies present new opportunities. End-to-end solutions from green tech firms are becoming increasingly popular, especially for municipal and high-end real estate projects. Company Coverage: Nesma & Partners Rashid Trading & Contracting Company SALCO (Saudi Landscape Company) Zaid Alhussain Group Safari Group Key Topics Covered: 1. Executive Summary1.1. Market Overview of KSA Landscaping Market1.2. Ecosystem of Players in the Market2. KSA Landscaping Market Overview2.1. Growth in Commercial, Residential, and Public Projects2.2. Vision 2030 and Giga Project Landscaping Demand2.3. Tourism-Driven Outdoor Aesthetic Development2.4. Urban Greening and Government Spending Initiatives2.5. Smart Irrigation and Sustainability Trends3. KSA Landscaping Market Sizing3.1. Market Value 2024 and Forecast to 20303.2. CAGR Analysis by Revenue Type (Products & Services)3.3. Regional Demand Breakdown - Riyadh, Makkah, Tabuk3.4. Application-Wise Landscape Demand (Public, Commercial, Residential)4. KSA Landscaping Market Segmentations4.1. By Revenue Type4.2. By Product Type4.3. By Service Type4.4. By Application4.5. By Region5. Competitive Landscape5.1. Competitive Overview5.2. Cross-Comparison of Key Players6. Market Growth Drivers6.1. Vision 2030 Urban Greening Mandates6.2. Tourism and Giga Project Development6.3. Real Estate and Mixed-Use Landscaping Demand7. Market Challenges7.1. Water Scarcity and Irrigation Dependency7.2. Workforce Skill Gap in Design and Execution8. Future Outlook8.1. Market Evolution to 20308.2. Role of Sustainability and Green Technologies9. Market Opportunities9.1. Demand for Native and Xeriscape Landscaping9.2. Integration of Smart Irrigation Systems10. Scope of the Report10.1 By Revenue Type10.2 By Product Type10.3 By Service Type10.4 By Application10.5 By Region For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
BBC News
03-04-2025
- Politics
- BBC News
Wetin cause traffic wey lead to standstill for Lagos Island axis and wetin to expect next
Lagos state Govnor Babajide Sanwo-Olu don apologise to di state residents after one ogbonge traffic gridlock wey cause standstill for di Island area of di state on Wednesday enter Thursday morning. Thousands of motorists and commuters bin dey stranded for road on Wednesday, wit some spending hours before reaching dia destination while some no even reach till di next day. Some pipo hala say e take dem almost eight hours to reach dia destination on Wednesday night while some choose to tanda for dia work place. While many more take to social media to rant about dia experience. Wetin cause di traffic Dis mata start for April 1st wen di Federal Controller of Works for Lagos, Olukorede Kesha announce a temporary closure of di Independence Bridge wey dey Marina and say di bridge go dey closed until May 2025 for urgent repairs. Di closure bin affect traffic from Ahmadu Bello Way and Adeola Odeku towards Marina, Eko Bridge, and Onikan by Zone 2. Although di Lagos Ministry of Transportation come put out statement on top di closure wit alternative routes wey pipo fit pass on Wednesday but e no do anytin to stop di terrible hold up for di road. As a result, di Nigerian Minister of Works and Housing, David Umahi don greenlight for di re-opening of di road to stop di disaster. But pipo dey wonder how e go dey possible as dem don already comot di asphalt from di bridge road. Lagos State Govnor Babajide Sanwo-Olu on Thursday visit di site of di bridge and apologise to Lagosinas for wetin dem take dia eye see as di goment bin dey run di urgent fix for di bridge. E say di fix na necessity to "avoid future disaster wey bin dey wait to happun". Oga Sanwo-Olu say "wetin happun here be say Messrs Buildwell, get contract wey dem don sign ova three years ago to protect di integrity of di independence bridge. Indepence bridge na one of di oldest bidges for di kontri. If you check am na almost 80 to 90 years old". E add say wetin happun be say di part of di bridge wey connect Victoria Island and Marina don dey under heavy threat. So wetin next for Lagos commuters? Even wit di Work minister statement, di situation on ground no be like sometin wey goment fit just open like dat. As at now, na to follow wetin di Lagos State Traffic Management Authority tok wey be to find alternative routes. Oga Sanwo-Olu remind Lagosians say dem bin face dis kain tin bifor and dem don pass am. E say wetin go happun be say more Lastma officers go dey road. "We dey call dem from oda parts of di city so dem go dey around here. "We go do like we do for November, December wey dem work late, to very early hours of di morning to make sure say pipo fit go home safely." Dis no be di first time wey bridge or road repairs dey cause serious traffic disruption for Nigeria commercial capital, Lagos. For February 2021, di authorities for Lagos bin confirm say dem go finally open di Third Mainland bridge afta ova six months of closure wit partial opening. Wen dem close am for July 25 2020, na only one lane motorists bin dey use on di bridge while repair work dey go on. Dem change some joints, lay some concrete and do patching work among oda engineering work on di bridge. For November 2023, Lagos goment close some parts of di Third Mainland Bridge sake of say dem wan do some repairs. Anytime dis closures happen, e dey cause serious traffic wey dey lead to serious stress as well as a loss of man hours, time and revenue .
