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Product Insights
Qiddiya Invt – Qiddiya Coast North of Jeddah – Makkah
Equip yourself with the essential tools needed to make informed and profitable decisions with our Qiddiya Invt - Qiddiya Coast North of Jeddah - Makkah report./b> Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 business days of the purchase, excluding weekends and holidays. Certain sections of the report may be removed or altered based on data availability and relevance. Why choose our report? Unleash the full story: Dive deep...
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Sector Analysis
Saudi Arabia Construction 2021 – Trends, Opportunities, and Challenges in the Middle East’s Biggest Construction Market – MEED Insights
Saudi Arabia is the GCC’s biggest construction market accounting for over 50% of all construction and transport projects planned. However, the construction industry has been severely hit by the impact of the COVID-19 pandemic with the pace of construction contract awards falling sharply in 2020 and 2021. The biggest construction contract awards in Saudi Arabia in 2020 were for military and residential projects and included the King Salman Airbase Facilities Construction and Relocation Project, and the King Faisal Air Academy...
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Sector Analysis
Saudi Arabia Construction Market Size, Trends and Forecast by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2020-2025
The construction industry in Saudi Arabia is expected to expand by 2.9% in real terms this year, after contracting by 0.4% in 2020; the industry’s output this year will be supported by the easing of restrictions, gradual recovery in overall economic conditions and investments in the healthcare sector. The industry is projected to continue recovering over the remainder of the forecast period, registering an annual average growth of 4% between 2022-2025, supported by the government’s investment on infrastructure and housing...
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Sector Analysis
Gulf Cooperation Council (GCC) Construction Outlook 2021 – Trends, Opportunities and Challenges in GCC Construction in 2021 and 2022 – MEED Insights
After a six-year slowdown triggered by the crash in oil prices in 2014 and deepened by the impact of Covid-19, the GCC construction industry is set for a strong recovery in 2021 and 2022. Boosted by government stimulus spending aimed at accelerating the post-Covid recovery, the region’s contractors, engineers and manufacturers can look to forward to a healthy increase in building and infrastructure projects in the coming two years. And while the government support measures will boost construction activity in...