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Saudi Arabia needs more than 2 million housing units. |
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Hundreds of projects are creating unprecedented demand
for the latest construction industry machinery,
technology and tools, from the world's leading
companies. |
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Construction activities of the industrial and urban
development sectors rose substantially. |
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Major construction projects in the
petrochemical, petroleum, power, water and
telecommunication sector, investment in these projects
are estimated to be 30 billion US dollars. |
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New projects include multiple theme parks and hotels in
addition to 70 new hospitals and 570 healthcare centers
within the coming three years. |
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During the current seven-year old development plan,12
new desalination plants will be built, providing an
additional 2.5 million cubic meters of water and 22 on
going dam projects will be completed along with the
start of 62 large, medium, and small dams. |
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The private sector will play a crucial role in the
development of these projects.
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