Construction in Saudi Arabia - Key Trends and Opportunities to 2017 - New Study Released
The Saudi Arabian construction industry registered a compound annual growth rate (CAGR) of 6.94% during the review period (2008-2012). Industry expansion was supported by the government's initiatives to transform the country from an oil-based economy to one more reliant on manufacturing and services. This resulted in significant investments in infrastructure development, which positively affected other markets in the industry. Population growth and a rise in disposable income also increased the demand for residential, commercial and institutional buildings. The industry is...
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