According to report of National Commercial Bank of Saudi Arabia, Saudi Arabia’s construction market would bring over SAR 300 billion to take the most shares of NCB’s contracts in the following year.
Meanwhile, the report showed Saudi Arabia’s construction industry has raised 6.4% to take 10.48% of shares in the country’s non-oil industry under the support of the government.
Also, the report indicated that Saudi Arabia’s construction industry was caught in the economy crisis in 2008. However, since the government intervened in the pressure of economy crisis, the growth rate of construction industry in 2008 and 2009 raised 1.5% and 4.7 respectively.
(Sourced from YIEH.com)