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Saudi construction sector accounts for 6% of GDP, says official

RIYADH: The construction sector, valued at over SR255 billion ($68 billion) accounts for 6 percent of the gross domestic product of the Kingdom, according to the chairman of Saudi Contractors Authority. Speaking at the Builders of Egypt Forum in Cairo on Sunday, Zakria Al-Abdulqadir said the construction sector is the second-largest non-oil sector in Saudi Arabia. The official

Saudi Forum Showcases 3,000 Projects Worth $266 Bln

Government and private entities in Saudi Arabia have reviewed construction projects worth an estimated SAR 1 trillion ($266 billion) in front of local and international contractors from 16 countries. This took place during a specialized forum that kicked off on May 22 in the Saudi capital, Riyadh. The projects were presented by approximately 41 government and private entities, with an estimated total of around 3,000 projects.

Saudi contracting sector implements $5 32 trillon projects in 5 years

Saudi contracting sector boasts a total of 165,000 companies - from small, to medium to large enterprises - and is quite vibrant with projects worth SR20 trillion ($5.32 trillion) already implemented in the last five years, said top industry officials.

Saudi contracting firm number reaches 165K as projects value crossed $5 3tln

RIYADH: The number of companies operating in Saudi Arabia’s contracting sector has crossed 165,000, with small to large enterprises employing 3 million workers, Saudi Press Agency reported citing the Saudi Contractors Authority. The contracting sector employs workers from various professions, with more jobs being localized under legislative efforts, chairman of the board of

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