The Future of Construction in Saudi Arabia to 2015: Diversification of the Economy to Create Opportunities13 Sep 2011 • by Natalie Aster
During the review period, the Saudi Arabian government attempted to diversify the country’s economic base from oil to manufacturing and services. This resulted in a number of significant investments in infrastructure development, which benefited the construction industry. Furthermore, the rising population and increase in disposable incomes in the country also contributed to growth within the construction industry, by increasing demand for residential, commercial and institutional facilities.
Although the global financial slowdown adversely affected construction industry in 2009, continued expenditure by Saudi Arabian government and the improvement in the global financial climate are expected to support growth in the construction industry during the forecast period.
The report “The Future of Construction in Saudi Arabia to 2015: Diversification of the Economy to Create Opportunities” is the result of ICD’s extensive market and company research covering the Saudi Arabian construction industry. It provides detailed analysis of both historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news.
Within the Saudi Arabian construction industry, infrastructure construction was the largest market with a share of 40.6% in 2010. In terms of growth, infrastructure construction was the fastest growing market with a CAGR of 8.21% during the review period. This was followed by commercial construction, with a CAGR of 8.10%.
Published: August, 2011
Price: US$ 1,250.00
The report provides a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the Saudi Arabian construction value chain and for new competitors considering entering the industry.
- Inform strategic business decisions using strong historic and forecast market sizing data;
- Understand the demand-side dynamics affecting the Saudi Arabian construction industry;
- Detailed market size, growth, segmentation and forecast data across five key industry categories provides all the essential information needed to assess market dynamics and identify new growth opportunities;
- Detailed profiles of major companies within the Saudi Arabian construction market enable the reader to benchmark financial performance and assess business strategy against competitors.
More information can be found in the report “The Future of Construction in Saudi Arabia to 2015: Diversification of the Economy to Create Opportunities” by iCD Research.
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