Saudi Arabia’s Naif Alrajhi Investment group has announced a strategic partnership with Moroccan construction firm TGCC Middle East, aiming to fast-track the development of innovative real estate projects across the kingdom. The alliance aligns with the ambitious goals outlined in Saudi Arabia’s Vision 2030 strategy, which seeks to modernize the country’s economy and urban landscape.
Naif Alrajhi Investment, a major player in the Saudi real estate sector, is now tapping into TGCC’s extensive construction expertise. With operations in six countries, TGCC has delivered over 1,000 projects and boasts a consolidated revenue exceeding 8 billion dirhams. Backed by a workforce of 14,000 employees, the Moroccan group is known for its internationally certified standards in quality, environmental management, and workplace safety.
The partnership brings together two highly complementary forces: a well-established Saudi investor with deep roots in the local market and a seasoned builder with a strong regional footprint. Their joint ambition is to offer high-value real estate solutions that support Saudi Arabia’s ongoing urban transformation. By combining financial strength with proven technical know-how, the two companies plan to play a significant role in shaping the next generation of Saudi cities.
