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Top five Saudi construction trends to watch in 2018

by Neha Bhatia on Dec 16, 2017


Construction activity is expected to increase in Saudi Arabia next year [representational image].
Construction activity is expected to increase in Saudi Arabia next year [representational image].
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Construction activity is expected to record steady growth in Saudi Arabia next year as global oil prices rationalise and the kingdom prepares for long-term economic growth. 

Private-sector growth is also being encouraged in the kingdom, which is expected to launch a $19bn (SAR72bn) programme to support housing construction as well as fee waivers for small businesses next year, Commerce and Investment Minister Majid Al-Qasabi said. 

According to Arabian Business, the package, part of a four-year stimulus programme, contains 17 separate initiatives the government hopes will result in direct and indirect job creation, Al-Qasabi said.

It is a key component of the kingdom’s Vision 2030 economic-transformation plan ahead of the 2018 budget due next week.

The following pages outline the top five construction trends to look out for in the kingdom next year. 



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