Building a Kingdom - multi-billion pound opportunities for firms in Saudi Arabia
With six new cities being constructed, and more than 4,400 new schools, five airports and 3,000 kilometres of rail track, UK Trade & Investment (UKTI) is calling on infrastructure firms to investigate the multi-billion pound opportunities in Saudi Arabia.
UKTI released a report today entitled "Building Saudi Arabia" which identifies opportunities in construction and infrastructure for UK firms in the Kingdom – the Middle East’s largest economy, ranked 16th in the world for Ease of Doing Business. The report highlights opportunities for firms right across the construction and infrastructure sectors, particularly in housing and retail, water and power, railways, airports, seaports and education construction.
Saudi Arabia has the largest construction market in the Middle East, which is one of the fastest growing in the world. Underpinning this is an impressive US$129.7 billion programme of mega projects, including the King Abdullah Economic City on the Red Sea, which will be as big as Hong Kong.
The Building Saudi Arabia report is the 6th in a series of infrastructure reports commissioned by UK Trade & Investment. Others include: Building South Africa, Building Krasnodar, Building Brazil, Building Mexico and Building Turkey. See here for a list of the reports on the UKTI website (requires logging in to read them).
Thursday, 27 May, 2010
