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Construction in Saudi Arabia - Key Trends and Opportunities to 2020

  • Date Submitted: 04/07/2016 11:24 PM
  • Flesch-Kincaid Score: 30.7 
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08 Apr, 2016, Navi Mumbai, India: Marketreportsonsaudiarabia.com presents a new report on “Construction in Saudi Arabia - Key Trends and Opportunities to 2020” The government’s White Land Tax initiative to address the country’s housing shortage will also support industry growth.

http://www.marketreportsonsaudiarabia.com/industry-mfg-market-research-reports-510/construction-saudi-arabia.html

Construction in Saudi Arabia – Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Saudi Arabian construction industry including:

- The Saudi Arabian construction industry's growth prospects by market, project type and construction activity

- Analysis of equipment, material and service costs for each project type in Saudi Arabia

- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Saudi Arabian construction industry

- Profiles of the leading companies in the Saudi Arabian construction industry

- Data highlights of the largest construction projects in Saudi Arabia

Synopsis

The Saudi Arabian construction industry will continue to expand over the forecast period (2016–2020), following investments in transport infrastructure, healthcare, manufacturing plants, education facilities, energy and housing projects. However, low oil prices present significant negative risks to the forecast.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 7.05% over the forecast period, up from 6.35% during the review period (2011–2015).

The government will continue to invest in healthcare, education and infrastructure construction to diversify the country’s economy away from oil and to support economic growth. The government’s White Land Tax initiative to address the country’s housing shortage will also support industry growth.

There are, however, risks associated with the...

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