KSA infrastructure sector to be worth SAR1.31tr
The Saudi Arabian construction industry is expected to grow as massive projects underway amounts to an estimated SAR3.75 trillion.
The current real estate market in Saudi Arabia is valued at SAR2.25 trillion, out of which SAR1.31 trillion amounts for infrastructure and ongoing projects represent 82.4% of total construction activity.
Most projects in the Kingdom focus on social and transport infrastructure, backed by increasing investments from both the private and public sector.
Saudi Build’s 27th International Construction Technology and Building Materials Exhibition will showcase leading manufacturers and exporters from across the globe. The event will be held from 26 to 29 October this year at the Riyadh International Convention and Exhibition Centre (RICEC).
In addition, concurrently held Saudi Stone-Tech and Saudi Build PMV Series will provide contractors, real estate developers and building owners with a full range of building solutions.