Construction in Saudi Arabia - Key Trends and Opportunities to 2018

on Tuesday, 9 December 2014 include new market research report " Construction Industry in Saudi Arabia to 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

The Saudi Arabian construction industry recorded a compound annual growth rate (CAGR) of 10.06% during the review period (2009–2013). During the review period, growth in the construction industry was supported by the Ninth Five-Year Development Plan implemented for the period 2010–2014. Growth in the tourism sector and investments in the infrastructure and residential markets will support the industry’s expansion over the forecast period (2014–2018).

Industrial construction will be supported by government focus on diversifying the country’s economy. A rising population, plans to overcome the housing shortage, and efforts to develop the transport network and renewable energy infrastructure will enhance industry growth. Consequently, the construction industry’s output is expected to record a forecast-period CAGR of 10.98%.


This report provides a comprehensive analysis of the construction industry in Saudi Arabia. It provides:
  • Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Saudi Arabia using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing
  • Detailed profiles of the leading construction companies in Saudi Arabia
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Key highlights:-

According to the Central Department of Statistics and Information, the Saudi Arabian construction industry’s contribution to GDP increased from 4.3% in 2011 to 4.8% in 2013. The industry’s value add increased by 8.8%, from SAR87.3 billion (US$23.3 billion) in 2012 to SAR94.9 billion (US$25.3 billion) in 2013 in real terms, whereas it increased by 13.4%, from SAR118.5 billion (US$31.6 billion) in 2012 to SAR134.4 billion (US$35.8 billion) in 2013 in nominal terms. As part of the country’s economic goals of diversification and job creation, the government allocated funds for the development of healthcare, infrastructure, education and social services. The government announced a 2014 budget of SAR855.0 billion (US$228.0 billion). Its upcoming 10th five-year development plan for 2015–2019 will focus on economic development and raising living standards through a number of welfare activities..........

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