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20-10-14
Saudi accounts for 39 percent of construction sector of GCC
(MENAFN) Saudi Arabia is becoming one of the most lucrative markets in construction, as the Kingdom currently accounts for almost 39 percent of GCC projects, Arab News reported.
The country's construction sector is expected to grow by almost 7.2 percent in 2014, driven by huge government investments into the development of large-scale infrastructure and construction projects.
This growth in the sector is attributed in a big way to the use of the latest industry solutions as well as the latest cutting-edge technologies in the construction of the mega project, which are currently widespread across the country, including aluminum frames and structures, architectural finishing products, building materials, ceramic tiles, concrete products and pre cast structures, construction systems, engineering and design services, environment protection equipment, landscaping and garden ornaments, security and safety tools and systems, water and heat insulation, and steel and wood products, among others.
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