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Construction in Saudi Arabia - Key Trends and Opportunities to 2025 (Q1 2021)

Saudi Arabiau2019s Construction Industry is forecast to recover in 2021, growing by 2.9%, after contracting by an estimated 0.5% in 2020. In 2022, the industry is projected to continue to recover, growing by 3.2%, and then expand by 4.3% over the remainder of the forecast period (2023-2025). <br><br>Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/construction-in-saudi-arabia-key-trends-and-opportunities-to-2025-q1-2021-/2423461<br><br>

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Construction in Saudi Arabia - Key Trends and Opportunities to 2025 (Q1 2021)

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  1. Construction in Saudi Arabia - Key Trends and Opportunities to 2025 (Q1 2021) Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Construction in Saudi Arabia - Key Trends and Opportunities to 2025 (Q1 2021)”under Construction category. The Construction Industry in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports. Saudi Arabia’s Construction Industry is forecast to recover in 2021, growing by 2.9%, after contracting by an estimated 0.5% in 2020. In 2022, the industry is projected to continue to recover, growing by 3.2%, and then expand by 4.3% over the remainder of the forecast period (2023-2025). Over this period, the industry’s output is expected to be supported by the government’s focus on the development of overall infrastructure, as well as energy and utilities construction projects, in a bid to diversify its economy away from oil. With the collapse of oil prices and disruptions due to the COVID-19 outbreak, in December 2020 the government announced a SAR990 billion (US$263.9 billion) budget for 2021. The Kingdom's budget statement showed a cut to government spending of 7% in 2021, implying that the main policy goal for the Kingdom in the short term is to reduce the budget deficit, rather than boost economic growth. However, there is a huge pipeline of projects related to the long-term diversification plans under Vision 2030. This was underlined by the crown prince's announcement in January 2021 that the Public Investment Fund (PIF) is to invest SAR3 trillion

  2. (US$800 billion) on projects in the country over the next decade. Request a free sample copy of Saudi Arabia Construction Industry Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/2423461 This report provides detailed market analysis, information, and insights into Saudi Arabia’s construction industry, including - - Saudi Arabia’s construction industry's growth prospects by market, project type and construction activity - Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Saudi Arabia’s construction industry - Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline. Scope This report provides a comprehensive analysis of the construction industry in Saudi Arabia. It provides - - Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers. - Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector - Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. - Listings of major projects, in addition to details of leading contractors and consultants Reasons to Buy - Identify and evaluate market opportunities using standardized valuation and forecasting methodologies. - Assess market growth potential at a micro-level with over 600 time-series data forecasts. - Understand the latest industry and market trends. - Formulate and validate strategy using critical and actionable insight. - Assess business risks, including cost, regulatory and competitive pressures. - Evaluate competitive risk and success factors. Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/construction-in-saudi-arabia- key-trends-and-opportunities-to-2025-q1-2021-/2423461 About Us Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage

  3. and education. Our collection includes over 3000 up-to-date reports all researched, analysed and published by top-notch international research firms. Contact us at: Market Reports On Saudi Arabia Tel: +91 22 27810772 / 27810773 Email: info@marketreportsonsaudiarabia.com Website: http://www.marketreportsonsaudiarabia.com Follow us on : Twitter, Facebook, LinkedIn

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