Saudi Construction Sector: A Sleeping Giant Awakens – SUSTG
Published: June 5, 2012
[Reprinted with permission of SUSTG.org]
The construction industry is expected to be at the forefront of the capital programs and will beneﬁt signiﬁcantly in the short term from the large scale investments. The relaxation of home ﬁnancing and economic support will also see large private sector housing initiatives.
The multiplier effect of these programs should result in stimulating growth in the wider construction materials, machineries, utilities and related services as well as retail opportunities.
Planning and funding of the ongoing operating and maintenance costs could therefore come under pressure. This will create opportunities for quality FM contractors which provide specialized and efﬁcient lifecycle maintenance solutions.
The section on Saudi Arabia is available with the SUSTG report, click [here]. To view the full report click [here]
About the Saudi-US Trade Group (SUSTG)
The Saudi-US Trade Group (SUSTG) was established to expand discussion and analysis of the U.S.-Saudi Arabia relationship. SUSTG has a special interest in issues related to economy, trade, commerce, energy and finance and also provides coverage of an extraordinary range of other matters critical to the U.S.-Saudi relationship including political, social and other topics as well as key issues related to intelligence, security and defense.