SRACO
SRACO is a Saudi Class A diversified services contractor (Dammam-based, part of Saeed Raddad Group) operating four divisions — Construction, Facility Management, Manpower/Consulting, and ICT — primarily serving Saudi Aramco, SABIC, and other major energy, petrochemical, and government clients across the Kingdom.
- Company typePrivate
- Founded1979
- HeadquartersDammam, Saudi Arabia
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What SRACO does
SRACO Construction Company is a Saudi Arabian diversified services contractor headquartered in Dammam and operating as part of the Saeed Raddad Group (established 1979; SRACO Construction founded 1984). The company holds a Class A contractor classification in Saudi Arabia — the highest tier issued for public-sector and large-industrial tenders — and operates four integrated service divisions: Construction, Facility Management (FM), Consulting/Manpower (SMP), and Information & Communication Technology (ICT). It serves primarily large industrial, energy, petrochemical, and government clients in the Kingdom, including Saudi Aramco, SABIC, Saudi Chevron, Halliburton, Maaden, Sadara, Hadeed, KFUPM, Dammam Airports Company, TASNEE, WTTCO, SPARK, and Saipem. The company is privately held and reports a workforce of 25,000+ across the parent group.
SRACO's service model spans the full asset lifecycle. Its Construction division delivers industrial, civil, and infrastructure projects; the Facility Management division operates Computer-Aided Facility Management (CAFM) software to manage maintenance, soft services, and asset performance across multi-site portfolios; the Consulting/SMP division supplies Saudi-national manpower and workforce solutions under the Kingdom's Saudization regime; and the ICT division delivers enterprise security (including AI-powered surveillance through a Hikvision partnership), networking, and digital infrastructure, augmented by European partnerships with QA Madness, 10 GUARDS, AdDigital, and FINTEGERY. SRACO generates revenue through a mix of multi-year framework contracts, project-based construction tenders, recurring facility management retainers, manpower/SMP service fees, and ICT product and system integration — a structure that combines recurring service revenue with episodic project wins across each division.
The company's positioning is anchored by long-tenured client relationships in the Eastern Province's concentrated energy and petrochemical base, and by regulatory pre-qualification that gates competitors out of large Saudi tenders. Recent activity — including 2025 contract wins with Aramco (SMP), Dammam Airports Company (General Aviation Terminal), and KFUPM (Ferdaws Neighborhood), plus a public repositioning of its ICT division at LEAP 2025 — points to a deliberate broadening beyond oil-and-gas core customers into aviation, higher education, public infrastructure, and digital services. No revenue, margin, or backlog figures are publicly disclosed.
SRACO firmographics
Firmographics- Name
- SRACO
- Legal name
- SRACO
- Website
- https://sraco.com.sa
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- SRACO is a Saudi Class A diversified services contractor (Dammam-based, part of Saeed Raddad Group) operating four divisions — Construction, Facility Management, Manpower/Consulting, and ICT — primarily serving Saudi Aramco, SABIC, and other major energy, petrochemical, and government clients across the Kingdom.
- Ownership category
- akta.pro rank
Where SRACO is headquartered
LocationHeadquarters
- HQ city
- Dammam
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
SRACO business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure
Revenue model
- Construction Services: Class A general contractor providing EPC-LSTK, design and build, construction management, and project management services. Revenue from long-term construction contracts for buildings, residential compounds, hospitals, military projects, and infrastructure.
- Facility Management Services: Comprehensive facility management including soft and hard services, O&M, janitorial, hospitality, catering, and specialized maintenance. Revenue from ongoing facility management contracts with diverse facility types.
- Consulting Services: Supplementary Manpower (SMP) supply providing highly qualified professionals for shutdowns, maintenance, and project support. Revenue from manpower supply contracts with major industrial clients.
- ICT Services: Information and Communication Technology solutions including design, management, and support services for IT infrastructure and communications systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise project-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
SRACO product offering
Product offeringCore offering
SRACO delivers integrated facility management, construction, consulting (including supplementary manpower), and ICT services to enterprise and government clients in Saudi Arabia. As a Class A contractor and operating subsidiary of Saeed Raddad Group, the firm manages long-term contracts spanning building operations and maintenance, EPC and design-build construction, qualified manpower supply for energy and industrial clients, and ICT design and management. Its 25,000+ workforce supports multi-year service engagements secured primarily through enterprise RFPs.
Product overview
SRACO is a diversified Saudi Arabian services company offering an integrated portfolio of four core service divisions: Facility Management Services (established 1979), Construction Services (established 1984), Consulting Services, and Information & Communication Technology. The company operates as a Class A contractor—the highest rating in Saudi Arabia—and provides supplementary manpower services. Facility Management utilizes CAFM Software System for managing operations. The divisions work together to deliver comprehensive solutions spanning building/facility management, general construction, specialized engineering, IT solutions, and manpower outsourcing to clients across industrial, commercial, government, and energy sectors.
Differentiator
Problem solved
Functional benefit
Brands
- SRACO Facility Management: Comprehensive facility management services including soft and hard services, operations, maintenance, and management of buildings and facilities.
- SRACO Construction Company
- SRACO ICT
- SRACO Consulting Services (CSD)
Products and services
- Facility Management Services Comprehensive facility management services encompassing both soft and hard services, including planning, operation, maintenance, and management of buildings, facilities, equipment, and assets, supported by a CAFM Software System. Targeted at enterprise, government, industrial, commercial, healthcare, and hospitality facility owners in Saudi Arabia.
- Construction Services Class A general contractor services spanning construction plans conception, building design, construction management, and project management. Includes EPC-LSTK, design and build, mechanical and electrical installation, HVAC installation and testing, hospital, residential compound, military, and infrastructure project delivery. Targeted at government ministries, energy and industrial majors, universities, and airport authorities.
- Consulting Services Consulting and Supplementary Manpower (SMP) services supplying highly qualified professionals for industrial and energy clients across shutdown, turnaround, baseload, maintenance, and project support engagements. Targeted at oil & gas, petrochemical, and mining majors such as Aramco, SABIC, Saudi Chevron, Maaden, and Sadara.
- Information & Communication Technology (ICT) Services ICT design, management, and support services covering IT infrastructure, communications systems, security and surveillance systems (in partnership with Hikvision), and digital transformation solutions. Targeted at enterprise, government, and industrial clients requiring technology infrastructure and managed IT support.
Quantifiable outcome
- 5000+ consulting services projects completed
- +3 more outcomes
Companies that use SRACO
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles3 records
SRACO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
SRACO partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Saeed Raddad Group EntitiescoreSRACO operates as a member of Saeed Raddad Group (SRG), an Investment Holding Group with diverse companies in Energy, Manufacturing, Engineering, Facilities Management, Human Resources, Medical and Pharmaceutical, Travel and Tourism, Real Estate, and ICT sectors. SRACO coordinates with SRACO Facility Management, SRACO Industrial (formerly Manifa), Napesco Saudi Arabia, and ORECO for joint participation in industry events and projects.
Scale indicators15 records
Recent moves6 records
Expansion highlights5 records
SRACO competitors and assessment
Company assessmentBroad incumbents
- ISS A/S: Global facility services leader with significant MENA presence — broader portfolio but directly comparable FM (soft/hard services, cleaning, maintenance) offering to SRACO's facility management division.
- Sodexo Facilities Management Services: Worldwide FM and integrated facilities management player with Middle East operations — benchmark for premium facility management service quality and contracting models used against SRACO on enterprise tenders.
Direct peers
- Saudi Binladin Group: One of Saudi Arabia's largest construction conglomerates operating in heavy civil, building, MEP, and infrastructure — comparable scale to SRACO's construction division for mega-government and aviation contracts.
- Nesma & Partners Contracting: Major Saudi Arabian EPC and construction contractor serving oil & gas, industrial, and government clients — directly competes with SRACO Construction on Class A public and Aramco/SABIC projects.
- Al Rajhi Construction: Saudi general contractor with multi-sector capabilities across construction, infrastructure, and industrial projects — competes head-to-head with SRACO for Class A construction tenders.
- Almabani General Contractors: Saudi Class A contractor with strong position in industrial, oil & gas, and aviation construction (including KSA airport expansion) — closely comparable business model and target projects.
- AlKhorayef Group (Industrial Services): Saudi group with operations spanning manpower outsourcing, O&M, and industrial services for Aramco and SABIC — comparable SMP/manpower offering to SRACO Consulting Services.
- National Contracting Co. (NCC): Saudi-based EPC and construction firm serving Aramco and major industrial clients with EPC, civil, and mechanical services — competes with SRACO Construction on industrial/Oil & Gas projects.
- Rawabi Holding: Saudi integrated services conglomerate offering facility management, manpower, industrial services, and ICT — directly comparable diversified services business model to SRACO across energy and industrial clients.
- Emaar Facility Management (Emaar FM): Regional GCC facility management provider offering soft/hard FM, janitorial, and specialized maintenance — competes with SRACO Facility Management for commercial and government clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
SRACO social profiles
Digital presenceSRACO financial estimates
Financial estimateRevenue estimate
Valuation estimate
SRACO leadership team
Management profileNumber of profiles
Profiles3 records
SRACO subsidiaries and ownership
Company hierarchySubsidiaries5 records
SRACO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SRACO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SRACO
What does SRACO do?
SRACO delivers integrated facility management, construction, consulting (including supplementary manpower), and ICT services to enterprise and government clients in Saudi Arabia. As a Class A contractor and operating subsidiary of Saeed Raddad Group, the firm manages long-term contracts spanning building operations and maintenance, EPC and design-build construction, qualified manpower supply for energy and industrial clients, and ICT design and management. Its 25,000+ workforce supports multi-year service engagements secured primarily through enterprise RFPs.
Is SRACO a public or private company?
SRACO is a private company. It is classified as corporate owned and is currently operating.
When was SRACO founded?
SRACO was founded in 1979. It employs 5,001 to 10,000 people.
Where is SRACO based?
SRACO is headquartered in Dammam, Saudi Arabia, in the Middle East region.
How does SRACO make money?
Four revenue lines are on record. Construction Services are the primary driver. The others are facility Management Services, consulting Services and ICT Services.
Who are SRACO's main competitors?
Broad incumbents on record are ISS A/S and Sodexo Facilities Management Services. Direct peers are Saudi Binladin Group, Nesma & Partners Contracting, Al Rajhi Construction, Almabani General Contractors, AlKhorayef Group (Industrial Services), National Contracting Co. (NCC), Rawabi Holding and Emaar Facility Management (Emaar FM).
Does SRACO have an API?
No public API is recorded for SRACO.