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FinancialNews


  • 06-01-19

    KSA to hit USD51.61b in facility management market over 5 years

    (MENAFN) Saudi Arabia is forecast to see a significant boost in its facility management market to hit USD51.61 billion by 2024 in size.

    From its recorded USD29.56 billion growth last year, Saudi facility management market will jump 9.7 percent of CAGR between this year and 2024.

    The figures on the Saudi market estimates were unveiled by P&S Intelligence based on its latest market research report.

    The report noted that "the country has around $1 trillion worth of projects planned or under construction."

    It added: "these upcoming/ongoing projects are expected to offer immense growth potential to the country's facility management market."

    MENAFN0601201900450000ID1097931496

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