Saudi Real Estate Infrastructure Company

What Saudi Real Estate Infrastructure Company does

Saudi Real Estate Infrastructure Company (BINYAH) is a Riyadh-headquartered general infrastructure contractor established in early 2017 as a 60/40 joint venture between Saudi Real Estate Company (PIF-owned, Tadawul-listed) and Mohammad Al Al-Sulaim for Trading and Contracting (MASCO). The company operates as a single integrated platform delivering six service lines: infrastructure works (wet and dry utility networks, smart-city systems, LPG and chilled-water networks), earth and enabling works (geotechnical solutions, land surveying, dynamic and static soil stabilization), road works, bridges and tunnels, special structures, landscape works, and design review/value engineering supported by BIM tools. Revenue is generated almost exclusively through one-time, project-based construction contracts awarded via competitive tenders and direct negotiations, with no recurring license or subscription stream. Customers are Saudi government entities and PIF-backed mega-project developers (Royal Commission for Riyadh City, Diriyah Gate Development Authority, Red Sea Development Company, Amaala, Misk City, Al Widyan), and revenue is fully dependent on the Vision 2030 mega-project pipeline.

Business model is project-based EPC with single-country (KSA) geographic scope and direct enterprise sales motion. Disclosed individual contracts range from SAR 532 million to SAR 1.1 billion, and the company's capital base was increased six-fold to SAR 300 million at end-2024 via retained-earnings capitalization, signaling balance-sheet preparation for further scaling and a possible Tadawul IPO (SNB Capital was appointed strategic advisor in November 2023). Marketing channels center on major construction exhibitions (Big 5 Saudi, Cityscape, Global Infrastructure Expo) and Expo 2030 site visits, reinforcing positioning as a national champion infrastructure contractor. Organizational depth has been built to match the contract mix, with executive leadership across operations, development, finance, projects, supply chain, technical management, and PMO, supported by ISO 9001/14001/45001 certifications, BIM-based design review, and a 500+ professional workforce grown from approximately 20 at founding.

Name

Saudi Real Estate Infrastructure Company

Legal name

Saudi Real Estate Infrastructure Company (BINYAH)

Website

https://binyah.com.sa

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

BINYAH is a Riyadh-based infrastructure contractor (60% owned by PIF-linked Saudi Real Estate Company, 40% by MASCO) delivering roads, bridges, tunnels, utility networks, earthworks, and landscape services for Saudi government entities and Vision 2030 mega-project developers such as Diriyah Gate, Red Sea, Amaala, and Green Riyadh.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Utility System Construction (2371), Water and Sewer Line and Related Structures Construction (23711)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)

akta.pro secondary industry

Infrastructure Planning, Capital Programs & Project Delivery Offices (PMOs) (BPAIALAJ)

Keywords

• Infrastructure construction services
• Road and bridge construction
• Earthworks and excavation
• Utility network engineering
• Landscape and hardscape services

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Infrastructure Construction Contracts: BINYAH generates revenue through design, construction, and execution of large-scale infrastructure projects awarded via competitive tenders and direct contracts. Projects span roads, bridges, tunnels, utility networks, earthworks, and specialized structures. Revenue is project-based and one-time per contract.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

BINYAH is a Saudi infrastructure construction contractor that designs, builds, and delivers multi-disciplinary infrastructure projects including roads, bridges, tunnels, wet and dry utility networks, earthworks, soil stabilization, special structures, and landscape works for government entities and mega-project developers. The company operates as a single integrated EPC platform under six service lines, executing large-scale Vision 2030-aligned projects through competitive tenders and direct contract awards.

Product overview

Saudi Real Estate Infrastructure Company (BINYAH) operates as a single unified infrastructure development and construction platform offering six integrated service lines. The core offering encompasses Infrastructure Works (multi-disciplinary infrastructure including roads, utilities, smart city systems), Earth and Enabling Works (site preparation, excavation, soil stabilization), Road Works, Bridges and Tunnels, Special Structures (specialized engineering solutions), Landscapes Works, and Design Reviewing & Value Engineering (with BIM capabilities). These services work together as a comprehensive infrastructure delivery platform, with Design Reviewing & Value Engineering serving as a supporting capability that enables optimization across all construction services using Building Information Modeling (BIM) tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Works Design, execution, and delivery of multi-disciplinary infrastructure projects including roads, wet networks (stormwater, wastewater, drinking water, irrigation), dry networks (low and medium voltage power, street lighting, telecommunications), and unusual utilities such as LPG gas networks, chilled water networks, and smart city systems. Sold to government entities and large real estate developers in Saudi Arabia.
• Earth and Enabling Works Construction and value-added services including geotechnical solutions, land surveying, ground surface modifications through cutting, contouring, ripping, transport, or removal, soil stabilization using dynamic and static technologies, and maritime/ground soil improvement using latest international technologies. Sold to government entities and large real estate developers in KSA.
• Road Works, Bridges and Tunnels Execution of heavy road construction activities including crushers, asphalt plants, paving, and equipment for local, urban, and highway roads, plus associated construction work such as bridges, channels, and tunnels designed and built to local and international standards. Sold to government entities and mega-project developers.
• Special Structures Specialized engineering team creating practical, constructible, attractive, and economical execution solutions for infrastructure projects, including design review and value engineering services. Sold to government entities and large real estate developers in KSA.
• Landscapes Works Landscape services integrating man-made structures with natural landscapes including street decoration, building facades, paving, landscape design, waterfalls, fountains, planting, decorative lighting, private or public garden design and construction, natural wadi development, and cityscape design. Sold to government entities and large real estate developers in KSA.
• Design Reviewing & Value Engineering Infrastructure and water facilities design development and improvement services with qualified expertise for complete design activities, design review and verification based on client requirements, utilizing latest BIM tools for optimal coordination between disciplines. Sold to government entities and large real estate developers in KSA.

Quantifiable outcome

• 1 million safe man hours achieved at Expo Riyadh 2030 project with over 6 million cubic meters of excavation and earthworks completed
• +1 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Al Jaber EngineeringflagshipStrategic or Co-development Partner · 16 September 2025BINYAH signed an MoU with Al Jaber Engineering at the Global Infrastructure Expo to strengthen strategic cooperation. The partnership aims to pursue infrastructure projects including stadiums, sports cities, ring roads, highways, King Salman Airport, water and sewage systems, and Expo Riyadh 2030.
• Serniki International Group (SIG)coreStrategic or Co-development Partner · 30 January 2025BINYAH and Serniki International Group signed an agreement aimed at revolutionizing the Engineering, Procurement, and Construction (EPC) sector with focus on innovation and sustainability, reflecting a shared vision to redefine industry standards.
• Red Sea Development CompanyflagshipStrategic or Co-development Partner · 1 September 2019BINYAH signed a contract for design and build of coastal inland roads with wadi protection for the Red Sea Project, one of the world's most ambitious luxury tourism destinations backed by the Public Investment Fund. The project includes 140km of roads, highway upgrades, airport access roads, and wadi protection structures.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Al Jaber Engineering: Qatari infrastructure and EPC contractor with growing KSA footprint; recently signed an MoU with BINYAH for joint pursuit of stadiums, airports, and ring road projects. Direct peer that also collaborates with BINYAH.
• Almabani General Contractors: Leading Saudi heavy civil and infrastructure contractor with decades of experience on highways, airports, and urban development projects. A direct peer on mega-project road, bridge, and utility tenders in KSA.
• El Seif Engineering Contracting Co. Major Saudi general contractor executing large-scale civil, infrastructure, and building works across KSA. Competes with BINYAH on Vision 2030 infrastructure packages and shares a similar integrated delivery platform.
• Huta Marine Works Ltd. Saudi-based marine and heavy civil contractor with strong presence on coastal infrastructure, ports, and land reclamation. Comparable to BINYAH on earthworks and heavy civil scope, particularly for coastal mega-projects like Red Sea and Amaala.
• Al Harbi Trading & Contracting Co. Established Saudi infrastructure contractor with significant road, bridge, and heavy civil capabilities. Competes with BINYAH for government and developer infrastructure contracts in KSA.
• Nesma & Partners Contracting Co. One of Saudi Arabia's largest privately held general contractors executing roads, bridges, utilities, and building infrastructure across Vision 2030 mega-projects. Directly competes with BINYAH on civil infrastructure tenders and shares a similar multi-discipline EPC delivery model.
• Al-Bawani Holding Co. Saudi construction group executing civil infrastructure, buildings, and industrial projects including roads and utilities. Direct peer to BINYAH in Saudi infrastructure market.

Broad incumbents

• Saudi Binladin Group: One of the largest Saudi construction conglomerates with extensive infrastructure, building, and rail capabilities. A broader incumbent that competes with BINYAH on mega-project tenders but at significantly larger scale.
• Consolidated Contractors Company (CCC): Large international EPC contractor with decades of heavy civil experience across the Middle East, including highways, pipelines, and industrial infrastructure. A broader incumbent peer competing on large KSA tenders.

Regional players

• Roznam Trading & Contracting (Al-Rawaf Group): Saudi-focused infrastructure contractor executing roads, earthworks, and utility networks. A regional peer competing in similar KSA municipal and developer infrastructure tenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/binyah_ksa

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saudi Real Estate Infrastructure Company