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Aarkstore - Construction in Saudi Arabia

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). For more information : http://bit.ly/1wH0SwA

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Aarkstore - Construction in Saudi Arabia

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  1. Category : construction   Construction in Saudi Arabia Key Trends and Opportunities to 2018 Browse Complete Report –http://www.aarkstore.com/construction/81707/construction-in-saudi-arabia-key-trends-and-opportunities Click here an avail Discount offer on Market Research reports:  http://www.aarkstore.com/discount.php Discount valid till 31st December 2014  .

  2. Executive Summary 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%. http://www.aarkstore.com/construction/81707/construction-in-saudi-arabia-key-trends-and-opportunities .

  3. Key Findings 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. The country is focusing on developing the tourism sector to reduce its dependence on oil. Projects such as a 20-year National Tourism Development Project (NTDP), approved in 2005, will attract a greater number of tourists – with volume expected to reach 45.3 million by 2025. Investments in the travel and tourism sector are expected to reach SAR33.5 billion (US$8.9 billion) by 2020. .

  4. Reasons To Buy • Identify and evaluate market opportunities using Timetrics 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 business strategies using Timetrics critical and actionable insight • Assess business risks, including cost, regulatory and competitive pressures • Evaluate competitive risk and success factors .

  5. Table Of Content 1 Executive Summary 2 Market Overview 2.1 Key Trends and Issues 2.2 Benchmarking by Market Size and Growth 3 Commercial Construction 3.1 Performance Outlook 3.2 Key Trends and Issues 3.3 Data and Project Highlights 4 Industrial Construction 4.1 Performance Outlook 4.2 Key Trends and Issues 4.3 Data and Project Highlights 5 Infrastructure Construction 5.1 Performance Outlook 5.2 Key Trends and Issues 5.3 Data and Project Highlights 6 Institutional Construction 6.1 Performance Outlook 6.2 Key Trends and Issues 6.3 Data and Project Highlights .

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  7. Construction in Saudi Arabia Key Trends and Opportunities to 2018 Published: Dec 2014 :  70 Pages 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. .

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