Urbanisation
More than 84 percent of the population lives in urban areas as of 2025, and that share keeps climbing.
Building the infrastructure of a transforming nation
A state-of-the-art dry-process cement plant supporting mega projects, urban development and the Kingdom's growing infrastructure.
1 MTPA
Production capacity
Dry Process
Modern plant type
6.10%
Market CAGR through 2030
5-7 Years
Indicative payback
USD 1.97B
Saudi cement market value
2024
USD 2.84B
Projected market value by 2030
USD 5.93B
Projected value by 2033
Alternate estimate
5.25%
CAGR to 2033
Alternate estimate
Unprecedented construction momentum
Mega projects including NEOM, Qiddiya, the Red Sea Project and Riyadh Metro drive consistent long-term demand. The PIF has committed more than USD 1.5 trillion across infrastructure and construction, with over USD 500 billion allocated to NEOM alone, 8,000 kilometres of new roads planned by 2030 and 59,000 new housing units alongside them.
USD 1.5+ Trillion
PIF infrastructure commitment
What sustains demand past the current cycle
Housing
Supply is projected to grow from 3.5 million units to 3.9 million by 2028. Riyadh alone needs 305,000 additional homes.
Infrastructure
Consumption is expected to grow 5 to 7 percent a year on mega projects, utilities and industrial parks.
Green cement
Low-carbon segments hold roughly 13 percent growth potential as efficiency standards tighten.
Cost, price and the margin between them
USD 35-45
Operating cost per metric ton
USD 55-65
Market selling price per ton
USD 20-25
Indicative gross margin per ton
12-18%
Indicative project IRR
Full breakdown
- Production capacity
- 1 million metric tons per annum
- Plant type
- Modern dry process
- Technology adoption
- Automation, AI-guided control, IoT
- Indicative payback period
- 5-7 years
- Market size 2024
- USD 1.97B
- Projected market value 2030
- USD 2.84B
A strategic industrial investment
- High growth market backed by Vision 2030
- Strong government support for local industry
- Low-carbon and energy-efficient by design
- Long-term value creation across the infrastructure cycle