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KSA Construction Cost | August 2021

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Following the challenging year of 2020, Saudi Arabia’s construction sector has slowly recovered in 2021 with forecasted growth of 2.9%.

Similar to many other countries, stimulus and support packages have been put in place to somewhat offset the impact of the pandemic and with the Crown Prince’s announcement that the PIF will invest 150 billion riyals annually into the local economy for new projects until 2025, coupled with long term diversification plans under Vision 2030,this will give a welcomed boost to the construction industry.

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KSA Construction Cost | August 2021

Download Report