Construction Week

Saudi Arabia is determined not to give in to the doom and gloom enveloping the rest of the global economy. The government confirmed in January that it plans to spend heavily this year, despite the recent drop in oil prices.

It has announced a budget of US $129 billion for 2009 (roughly in line with 2008 expenditure) and has promised to allocate significant funds to transportation and utilities infrastructure.

In February, it was confirmed that around $3 billion has been allocated for road construction projects this year. The news was announced by the Minister of Transport, who said the length of roads to be constructed this year would total 8250km.

This makes Saudi Arabia a market that no construction supplier can afford to ignore, even in these challenging economic times.

Browse Top 10 KSA Projects

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