Bechtel marks 80 years working in Saudi Arabia
21 June 2023
Register for MEED's guest programme
Warren Bechtel founded the engineering company Bechtel at the end of the 19th century and, under five generations of family leadership, the firm has developed a reputation for taking on big projects.
During the early 20th century, Bechtel worked on major projects across the US as it established itself as an economic superpower.
Its most famous project during this period was the Hoover Dam, which Bechtel built as part of the Six Companies consortium.
The company then played a role in supporting US efforts during the Second World War, and before the end of the conflict it was contracted in 1943 to build the Ras Tanura refinery in what was then the little-known market of Saudi Arabia, where oil was just starting to be produced.
Making an impact
Bechtel found that Saudi Arabia was a market well suited to a company that works on big projects with a big impact. Today, Saudi Arabia is one of Bechtel’s largest markets after the US.
“We do projects. Yes, we are builders and engineers, but we are also trying to do projects that have a positive impact,” says Jake Mumm, senior vice-president of Bechtel.
“We are selective about the projects we work on, and we try to find projects that have a long-term positive impact. If your goal is to have a positive impact in a community and to improve lives and livelihoods, then public infrastructure is what you should be doing. And if you are doing infrastructure, where is a better place in the world to do that?”
Bechtel’s projects follow a lot of the economic and historical parallels of the country.
After Ras Tanura, Bechtel was appointed to work on the first railroad in Arabia since Ottoman times and the Hejaz Railway. Then there were the kingdom’s early power projects, early telecommunications schemes and, in more modern times, oil and gas facilities such as Shaybah and Khursaniyah, Jubail Industrial City, Waad al-Shamal and Riyadh Metro.
“It is 300 projects and counting that Bechtel has done in the kingdom,” says Mumm. “I do not think of Bechtel as a multinational in the kingdom. I think of us as a local company because our largest population across all of our projects are Saudi nationals, so it is by Saudis for Saudi Arabia, and that is very important to us.”
Growing presence
Bechtel has over 2,500 employees working in the kingdom, of which close to 800 are Saudi nationals. More than 300 are women, of whom over 200 are Saudi women.
“One of my biggest focuses is promoting gender diversity. We have something called Women@Bechtel, which is an employee-led group.
“Our largest chapter for women outside of the US is here. It is all about helping women thrive in their careers,” says Mumm.
These totals will increase as Bechtel plays a leading role on some of the largest projects being delivered in the kingdom as part of Vision 2030.
“We have two projects at Neom, which are project management consultancy (PMC) roles. One is on The Spine, which also includes a regional infrastructure component, which includes the roads and water. We are also doing the PMC scope at Trojena, which is a year-round Alpine resort with six clusters.
“These two projects mean our largest concentration of professional staff in Saudi Arabia is now working at Neom,” says Mumm.
Working on projects in remote locations like Neom is typical for Bechtel.
“A lot of us spend big parts of our career on fly-in, fly-out arrangements. These are camp assignments, and it is something we are comfortable with,” says Mumm. “I spent about 40 per cent of my career living in camps in remote locations. Most recently, I was up at the Keeyask [hydropower project] in the Canadian Arctic, in Manitoba.”
Bechtel’s largest concentration of professional staff in Saudi Arabia is now working at Neom
Jake Mumm, Bechtel
Looking ahead
Bechtel will continue to take on new projects in the kingdom as it moves towards its next major milestone, 100 years in Saudi Arabia.
One area of interest will be aviation. Over the past 80 years, Bechtel has worked on airports in Riyadh and Dammam, and with major new projects planned – such as King Salman International airport in Riyadh – there will be more opportunities for work in the aviation sector in the future.
“We like the footprint that we have today. First and foremost, we want to deliver on the work that we have. Once that work is completed, we will replenish it with a similar backlog,” says Mumm.
Register for MEED's guest program now to access this article.
Exclusive from Meed
-
-
-
-
-
Aecom to supervise Dubai Loop construction11 May 2026
All of this is only 1% of what MEED.com has to offer
Subscribe now and unlock all the 153,671 articles on MEED.com
- All the latest news, data, and market intelligence across MENA at your fingerprints
- First-hand updates and inside information on projects, clients and competitors that matter to you
- 20 years' archive of information, data, and news for you to access at your convenience
- Strategize to succeed and minimise risks with timely analysis of current and future market trends
Related Articles
-
Iraq enters era of resilience, reform and rising risks
11 May 2026
Iraq’s projects market is at an inflection point. The country has built a sizeable and increasingly diverse projects pipeline, backed by ambitious national plans and an improving reform narrative. But according to MEED’s newly updated Iraq Projects Market report, the near-term outlook is now being tested by renewed regional volatility and persistent structural constraints at home.
Iraq is the Middle East and North Africa’s fifth-largest economy by nominal GDP, yet it remains heavily exposed to the hydrocarbons cycle. Oil and gas generate about 90% of government revenues and more than 40% of GDP, a dependency that shapes annual capital spending and the bankability of public-private partnership (PPP) deals. Earlier this year, the IMF forecast GDP growth of 3%-4%. In light of the latest regional conflict dynamics involving the US and Israel with Iran, that growth outlook is expected to soften as investor risk perceptions rise and supply chains face renewed stress.
Even so, Iraq’s projects market is not starting from a blank slate. By the end of March 2026, almost $120bn of contracts were in execution, with a further $300.4bn in the broader pipeline. The scale of that opportunity is underpinned by enduring reconstruction requirements, urgent energy-sector needs and a policy push to translate oil wealth into long-lived productive assets.
Reconstruction needs
Nearly a decade after the official end of the Islamic State conflict, Iraq’s reconstruction gap remains substantial. Estimates put the shortfall at about $88bn, reflecting the long tail of damage to housing, utilities, public buildings and transport links. Southern and central regions dominate the live pipeline, largely because they sit close to Iraq’s oil heartlands. Basra, in particular, is pivotal, anchoring major upstream activity and vital export infrastructure.
At the policy level, Iraq Vision 2030 signals a long-term ambition to diversify into tourism, agriculture, industry and digital transformation. The government’s immediate delivery vehicle is the National Development Plan (NDP) 2024-28, which commits more than $17bn a year in capital expenditure and prioritises energy, transport, housing and water infrastructure. This shift is reinforced by Iraq’s Green Growth Framework (2026), indicating that future procurement may place greater weight on efficiency, emissions reduction and climate resilience.
Macro risk
Despite policy ambition, the most immediate determinant of Iraq’s fiscal room is the oil price. A $10-a-barrel drop can reduce government revenue by an estimated $7bn-$9bn annually. Such sensitivity matters because infrastructure spending is still largely funded by the public purse. Oil price swings affect project awards, payment cycles and the government’s willingness to assume up-front capex obligations.
Iraq’s execution environment continues to be defined by bureaucratic delays, unclear land titles and opaque procurement processes. These factors can add 12-24 months to average delivery timelines. Nevertheless, there are signs of adaptation. PPP legislation is advancing, and developer-led models are gaining traction in large housing programmes. Furthermore, there is a growing reliance on international project management consultancy (PMC) firms—such as Hill International, Worley, and AtkinsRealis—to bridge capacity gaps and improve governance, cost control and scheduling.
Hydrocarbon driver
Oil and gas upstream remains the single largest driver of capital expenditure. Major developments, including the Gas Growth Integrated Project (GGIP) and Mansouriya, sit alongside a push to reduce gas flaring and expand downstream processing. The objective is to sustain export revenues while improving domestic fuel availability.
The power sector is even more urgent. Iraq faces an estimated 8-10GW generation shortfall, which keeps electricity supply at the centre of political risk. This gap is driving rapid procurement of generation capacity and grid upgrade contracts. Beyond traditional infrastructure, Iraq is also moving on digital adoption. Smart city pilots and fibre rollouts are attracting regional technology investors, while AI-enabled data centre projects are beginning to emerge.
Investment targets
Foreign direct investment (FDI) remains below $3bn a year, a low figure relative to market size. The most active investors outside the oil sector include the UAE, Saudi Arabia and Kuwait. To convert interest into deals, the National Investment Commission (NIC) is pursuing streamlined licensing and investor-protection reforms. A “one-stop shop” approach has reportedly reduced registration timelines for foreign investors from months to weeks in key sectors.
Investor protection mechanisms, such as access to international arbitration, are being strengthened, though enforcement remains a concern. Iraq’s three free zones—Basra, Karbala and Nineveh—offer additional incentives including tax holidays and customs exemptions, provided they can be paired with reliable utilities and bankable arrangements.
Conflict premium
The latest escalation involving the US and Israel with Iran has increased Iraq’s security risk premium. This is inflating materials costs and disrupting supply chains near eastern border zones. Even where projects are far from conflict areas, contractors are pricing in higher contingency for logistics and insurance. Iraq must also balance deep economic ties with Iran—particularly in energy—with Western investor expectations and sanctions-related compliance.
With more than 60% of its population under 25, Iraq has a potential demographic dividend, but it also faces immediate employment pressure and a shortage of skilled technical labour. Iraq’s projects market outlook for 2026 is best described as cautiously constructive. The pipeline is deep and the need is undeniable, but delivery will hinge on whether Iraq can translate plans into predictable execution. If progress on procurement and contract enforcement continues, Iraq can sustain a broad-based market that extends beyond hydrocarbons.
Click here to learn more about MEED’s newly updated Iraq Projects Market report
https://image.digitalinsightresearch.in/uploads/NewsArticle/16782507/main.gif -
Retal to develop project in Oman’s Sultan Haitham City
11 May 2026
Saudi Arabia’s Retal Urban Development Company has entered Oman with its first development agreement, signing a deal to build more than 2,000 residential units in Sultan Haitham City in Muscat.
In a statement to the Saudi Stock Exchange (Tadawul) on 11 May, the company said it had signed an agreement with Oman’s Ministry of Housing & Urban Planning to develop an integrated residential community at an estimated cost of SR3bn ($823m).
The community will be developed across zones 3, 15 and 17 within Sultan Haitham City, covering a total area of 1.3 million square metres.
The project will include villas and apartments, alongside commercial and mixed-use elements and community facilities.
Retal said the development will be delivered through an off-plan sales model and is expected to take nearly nine years to complete.
The first phase of the Sultan Haitham City project includes the development of a 5 square-kilometre city centre and six of the development’s 19 planned neighbourhoods. The first phase is set for completion by 2030.
US-based architectural firm SOM unveiled masterplan proposals for Sultan Haitham City in August 2024.
The final phase of the project is expected to be completed by 2045.
> Be recognised among the best in the industry at the MEED Projects Awards 2026 …
https://image.digitalinsightresearch.in/uploads/NewsArticle/16781867/main.jpg -
Qiddiya seeks firms for light rail transit system
11 May 2026
Saudi gigaproject developer Qiddiya Investment Company (QIC) has requested contractors to express interest in a contract to design and build the first phase of the light rail transit system at Qiddiya Entertainment City.
The notice was issued on 5 May, with firms given until 20 June to submit expressions of interest.
The project, also known as the Primary Urban Axis, comprises a 22-kilometre automated, driverless rail line as part of its first phase.
The contract scope includes about 16 stations – 11 elevated and five underground – along with 8km of tunnels, viaducts and other associated structures. It covers all civil, architectural, and mechanical, electrical and plumbing works.
Stations will be located at Resort Core East Village, Grand Central Station, Anime Hub Integrated Station and Primary Urban Axis 1 & 2 Hub Station.
A subsequent phase will extend the railway network by a further 11km.
QIC is accelerating plans to develop additional assets at Qiddiya City.
Separately, QIC, the Royal Commission for Riyadh City and the National Centre for Privatisation & PPP received prequalification statements from firms on 30 April for the public-private partnership (PPP) package of the Qiddiya high-speed rail project in Riyadh. This follows submission of prequalification statements for the engineering, procurement, construction and financing package on 16 April, as previously reported by MEED.
The Qiddiya high-speed rail project, also known as Q-Express, will connect King Salman International airport and the King Abdullah Financial District (KAFD) with Qiddiya City. The line will operate at up to 250 kilometres per hour, reaching Qiddiya in 30 minutes.
Contractors are also preparing bids for a 13 May deadline for a contract covering new infrastructure works at Qiddiya Entertainment City. The scope includes two infrastructure development packages for District 0, including the construction of four event park-and-ride facilities.
QIC’s other major projects include an e-games arena, Prince Mohammed Bin Salman Stadium, a motorsports track, the Dragon Ball and Six Flags theme parks, and Aquarabia.
QIC officially opened the Six Flags theme park to the public in December last year.
The park covers 320,000 square metres and features 28 rides and attractions, including 10 thrill rides and 18 aimed at families and young children.
The Qiddiya project is a key part of Riyadh’s strategy to boost leisure tourism in the kingdom.
https://image.digitalinsightresearch.in/uploads/NewsArticle/16779176/main.jpg -
RCRC awards $1bn Sheikh Jaber Al-Sabah Road contract
11 May 2026
Register for MEED’s 14-day trial access
Saudi Arabia’s Royal Commission for Riyadh City (RCRC) has awarded an estimated SR5bn ($1.3bn) contract for the construction of the Sheikh Jaber Al-Sabah Road project in Riyadh.
The contract was awarded to the joint venture of Riyadh-based Al-Rashid Trading & Contracting Company (RTCC) and Turkiye’s IC Ictas.
The project stretches 12 kilometres (km) from Khurais Road to Al-Thumama Road in Riyadh.
The Sheikh Jaber Al-Sabah Road project is a key component of the Second Eastern Ring Road scheme.
The project includes the construction of five interchanges: Prince Bandar interchange, King Abdullah interchange, Imam Abdullah interchange, Dammam Road interchange and Al-Thumama interchange.
The latest contract marks another significant project award to the RTCC-IC Ictas joint venture by RCRC.
In June 2024, RCRC awarded an estimated SR4bn ($1bn) design-and-build contract to upgrade the Wadi Laban cable bridge in Riyadh to the joint venture of RTCC and IC Ictas.
The project aims to ease traffic congestion around the Western Ring Road in the area extending from Ibn-Hazm Road to Jeddah Road. The contract also covers the construction of an intersection at Jeddah Road.
The construction of the bridge originally began in August 1993 and was completed in 1997.
The existing bridge is 763 metres long and 35 metres wide, with two 14-metre-wide carriageways.
In 2021, Saudi Arabia’s Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud said the population of Riyadh would double to 15-20 million people by 2030.
He directed government entities to work closely with the RCRC to prepare the city’s development strategy.
The RCRC’s major projects include Riyadh Metro, Riyadh Art, Sports Boulevard, King Salman International Park, Green Riyadh and several road development projects in the capital.
> Be recognised among the best in the industry at the MEED Projects Awards 2026 …
https://image.digitalinsightresearch.in/uploads/NewsArticle/16775717/main.jpg -
Aecom to supervise Dubai Loop construction
11 May 2026
Register for MEED’s 14-day trial access
US-based Aecom has been selected for a contract to undertake design review and construction supervision services for the Dubai Loop transportation system.
The contract was tendered by Dubai’s Roads & Transport Authority (RTA), which signed a construction agreement with Elon Musk-backed firm The Boring Company.
The first phase comprises a 6.4-kilometre route with four stations, linking the Dubai International Financial Centre (DIFC) and Dubai Mall.
Stations will be located at DIFC 2, ICD Brookfield Place, Dubai Mall Zabeel Parking and Burj Khalifa.
The first phase is expected to cost about AED565m ($154m) and be delivered within one year of design work and other preparations being completed. Tunnelling is expected to begin in the second half of this year.
The latest update follows the appointment of Parsons Corporation to deliver programme management services for the Dubai Loop transportation system.
Next phase
The second phase will connect the Dubai World Trade Centre and DIFC with Business Bay.
The tunnels will extend up to 22km and include 19 stations.
The total cost across both phases is expected to be around AED2bn ($545m), with completion scheduled within three years.
The pilot route is expected to serve around 13,000 passengers a day, while the full route is projected to have a capacity of about 30,000 passengers a day.
The RTA and The Boring Company signed a memorandum of understanding on the sidelines of the World Governments Summit in Dubai in February last year to explore the development of the Dubai Loop transportation system.
The Dubai Loop is expected to be similar to The Boring Company’s Las Vegas Convention Centre (LVCC) Loop project. The LVCC Loop is a 2.7km underground tunnel system that connects different convention centre halls, reducing walking time across the site to about two minutes.
The LVCC Loop has been in operation since 2021. It uses Tesla Model 3 cars to carry passengers between five stations. The Boring Company began construction in November 2019 at an estimated cost of $49m.
> Be recognised among the best in the industry at the MEED Projects Awards 2026 …
https://image.digitalinsightresearch.in/uploads/NewsArticle/16775632/main.jpg