Hong Kong-headquartered architectural firm LWK & Partners has released details about the estimated SR12bn ($3.2bn) Pulse Wadi project, an upcoming technology and cybersecurity district located on the outskirts of Riyadh.

The project will span an area of over 600,000 square metres (sq m) with a gross floor area of about 1.14 million sq m.

In an official statement, the firm said that the project will be anchored by a government complex, two iconic headquarters, several cultural institutions and a dynamic cyber-research district.

At the centre of the district lies the central wadi plaza, which will be an events space.

LWK & Partners is the project’s lead design consultant, master planner, urban designer, design architect and landscape architect.

According to UK data analytics firm GlobalData, the construction industry in Saudi Arabia is expected to grow by 4.4% in real terms in 2025, supported by investments in the housing, energy, industrial and transport infrastructure sectors, coupled with investments in preparation for football’s Fifa World Cup 2034.

In November last year, the government approved the kingdom’s 2025 budget, which includes a total expenditure of SR1.3tn ($342.7bn) for this year.

The commercial construction sector is expected to grow by 3.7% in real terms in 2025, before registering an annual average growth rate of 3.7% in 2026-29, supported by investments in leisure and hospitality, retail, data centres and sports infrastructure projects.