Riyadh – Sharikat Mubasher: PwC Middle East reported that integrating environmental, social, and governance (ESG) principles into Saudi Arabia’s public policy could unlock up to $38 billion in new investment opportunities within the Kingdom’s real estate sector.
According to a new report, this shift reflects the country’s increasing focus on sustainable, future-ready urban solutions. Backed by over $1 trillion in infrastructure projects, Saudi Arabia is gaining global investor confidence and positioning itself as a major player in sustainable urban development.
The report notes that the real estate market in the Kingdom is undergoing a fundamental transformation driven by ambitious urban initiatives, with the sector expected to grow by 30% by the end of 2025. These efforts are part of broader national goals to diversify the economy and elevate Saudi Arabia’s status as a hub for sustainable urban living.
Imad Shahhouri, Cities Sector Lead Partner at PwC Middle East stated that the Kingdom’s investments represent a firm commitment to building livable and economically vibrant cities.
Meanwhile, Christiane Conrads, Partner, Global Real Estate ESG Leaderat PwC Germany, added that embedding ESG principles will not only attract large-scale investment but also promote responsible resource use and social equity across Saudi Arabia’s evolving urban landscape.
