Doha – Morocco’s leading construction company TGCC has entered the Saudi Arabian market through a strategic partnership with  Naif Alrajhi Investment.

The agreement, announced on Monday, will see TGCC’s Middle East subsidiary collaborate on construction projects developed by the Saudi investment group within the Gulf country.

The partnership marks TGCC’s entry into one of the world’s largest construction markets. Saudi Arabia is projected to become the global leader in the construction sector by 2028, with project values across all sectors expected to reach $181.5 billion, according to a previous report by real estate consultancy Knight Frank.

 Naif Alrajhi Investment, a prominent Saudi group, manages a diversified investment portfolio with particular focus on real estate development. The company operates across 14 different sectors both within Saudi Arabia 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.”

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