The Construction Industry in Saudi Arabia – April 2024

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Summary of the Construction Industry Report in Saudi Arabia

The construction industry in Saudi Arabia is a critical sector, underpinning the country’s economic growth and diversification efforts. Driven by the Vision 2030 initiative, the industry is experiencing rapid expansion, with significant investments in infrastructure, housing, and mega-projects like NEOM, the Red Sea Project, and the Qiddiya entertainment city.

The government plays a pivotal role through substantial public spending and the implementation of regulatory reforms aimed at improving efficiency and transparency in the sector. The introduction of advanced construction technologies and sustainable practices is also transforming the industry, promoting innovation and environmental stewardship. These developments are positioning Saudi Arabia as a regional leader in construction, with a focus on creating a sustainable and diversified economy.

  •   E-Book
  • 198 Pages
  • March 2024
  • Region: Saudi Arabia
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Summary of the Construction Industry Report in Saudi Arabia

The construction industry in Saudi Arabia is a critical sector, underpinning the country’s economic growth and diversification efforts. Driven by the Vision 2030 initiative, the industry is experiencing rapid expansion, with significant investments in infrastructure, housing, and mega-projects like NEOM, the Red Sea Project, and the Qiddiya entertainment city.

The government plays a pivotal role through substantial public spending and the implementation of regulatory reforms aimed at improving efficiency and transparency in the sector. The introduction of advanced construction technologies and sustainable practices is also transforming the industry, promoting innovation and environmental stewardship. These developments are positioning Saudi Arabia as a regional leader in construction, with a focus on creating a sustainable and diversified economy.

Abstract………………………………………………………………………………………………………… ii
Dedication ……………………………………………………………………………………………………. iii
Acknowledgments…………………………………………………………………………………………. iv
Table of Contents…………………………………………………………………………………………… v
List of Tables………………………………………………………………………………………………… vi
List of Figures ……………………………………………………………………………………………… vii
List of Illustrations ………………………………………………………………………………………… ix
Chapter One: Introduction………………………………………………………………………………. 1
[Section A]……………………………………………………………………………………………………. 1
[Section B]………………………………………………………………………………………………….. 15
Chapter Two: [xxx] ………………………………………………………………………………………. 30
Chapter Three: [xxx] ……………………………………………………………………………………. 55
[Section A]………………………………………………………………………………………………….. 55
[Section B]………………………………………………………………………………………………….. 65
[Section C]………………………………………………………………………………………………….. 75
Chapter Four: [xxx] ……………………………………………………………………………………… 85
Bibliography ……………………………………………………………………………………………… 115
Appendices ………………………………………………………………………………………………. 125
Appendix A: [xxx] ………………………………………………………………………………………. 125
Appendix B: [xxx] ………………………………………………………………………………………. 130

Summary of the Construction Industry Report in Saudi Arabia

The construction industry in Saudi Arabia is a critical sector, underpinning the country’s economic growth and diversification efforts. Driven by the Vision 2030 initiative, the industry is experiencing rapid expansion, with significant investments in infrastructure, housing, and mega-projects like NEOM, the Red Sea Project, and the Qiddiya entertainment city.

The government plays a pivotal role through substantial public spending and the implementation of regulatory reforms aimed at improving efficiency and transparency in the sector. The introduction of advanced construction technologies and sustainable practices is also transforming the industry, promoting innovation and environmental stewardship. These developments are positioning Saudi Arabia as a regional leader in construction, with a focus on creating a sustainable and diversified economy.

  •   E-Book
  • 198 Pages
  • March 2020
  • Region: Saudi Arabia