Tag Archives : GDP growth


Construction market to hit SAR1.12 trn by 2015

The volume of Saudi Arabia’s booming construction and contracting market is expected to hit $300 billion (SR1.12 trillion) by 2015, said Fahd bin Mohammed Al-Hammadi, chairman of the National Contractors Committee at the Council of Saudi Chambers. “Construction is the Kingdom’s second largest economic sector after oil,” he said. In 2012, the sector contributed 16.5 […]