Saudi Arabia is brimming with business opportunities.

Over the past number of years, the Kingdom’s leadership has established solid pillars for the private sector to be more involved in growing the local economy.

Lamar has been an active partner with the government and other stakeholders in helping to deliver the goals of Saudi Vision 2030 and are well-placed to partner with new entrants to the market. We add value for every partner, and are always on-hand to advise with any issue, big or small.

Our core services include

autonomous construction equipment
Developing and Investing in Deep Technology & Innovation

The energy and construction sectors have been rapidly transformed by advances in technology and AI in recent years. It has opened up opportunities to new players that are ‘tech-first’ in their approach, who can bring together different disciplines and teams to deliver projects on-time and on-budget. 

Lamar is actively working with start-ups on accelerating the next phase of disruptive technology for the sector. Our core focus is on autonomous construction equipment, AI asset integrity, and next generation power storage.

Fintech
Digital Financial Solutions

Fintech is a fast-growing industry in the GCC and wider Middle East, and we are focused on developing digital financial services and technologies that deliver better lifestyles and outcomes for consumers. 

Leveraging the success of the technology from our portfolio company TechAdvance, our aim is to incubate and invest in fintech companies by providing operational support and finance. To that end, Lamar is currently going through the process of applying for multiple fintech licenses in Bahrain, Egypt and Saudi Arabia.

Garden at night
EPC, Facilities Management and other services

We are the leading end-to-end solutions provider in the GCC, and through our operating companies, have considerable expertise and scale for the very biggest projects. We have deep experience and knowledge in planning, managing, constructing, maintaining and operating projects for transport, technology, water and government clients in Saudi Arabia. 

Working alongside strategic partners such as Saudi Aramco, we deliver the most suitable and reliable solutions on their EPC, construction management and stand-alone construction projects. Our portfolio companies give clients access to a broad spectrum of services, including EPC, facilities management, catering, recruitment, security and fuel delivery.

 

Transport Tunnel
Development of Energy and Infrastructure Projects (Public Private Partnerships)

Lamar has considerable expertise and experience in delivering large-scale Public Private Partnership (PPP) projects across a number of different models, including:

 

  • Mixed Public-Private
  • Private Concession (O&M)
  • Build Operate Transfer (BOT)
  • Build Own Operate (BOO)
  • Build Own Operate Transfer (BOOT)

 

We have been a trusted partner of key clients such as Saudi Aramco and other Government entities in Saudi Arabia for over a decade, and have delivered multiple projects across a wide range of sectors including in transport, energy, water, and housing. These operations demand first-rate design and construction management―something Lamar has successfully provided for the last decade on projects big and small. 

Our business activities are specifically focused on applying up-to-date technological and business best practice in areas including design, finance, build management and facilities management. Our goal is to exceed client standards and leave a positive legacy for local communities. For investors, these projects will allow them to take advantage of the long-term stable returns by investing in the myriad projects linked to the Vision 2030 reforms. The financing and long-term stability of these projects will benefit from the strong creditworthiness of Saudi Aramco (A by Fitch and A1 by Moody’s).