Ventures Onsite covers Saudi Arabia's booming construction sector

Ventures Onsite announces the latest KSA construction 2023 market report 

Government policies in 2023 will create a favorable environment for the domestic economy to prosper. The Vision 2030 initiatives and investments from the National Development Fund, PIF, and sector-focused funds are expected to stimulate activity in both oil and non-oil sectors beyond expectation. 

Leading industry professionals are confident that Saudi Arabia's construction industry will continue its dominance of the MENA region despite global macroeconomic turbulence. Additionally, there has been commitment expressed by government authorities towards achieving their objectives as outlined under Vision 2030; particularly regarding housing programs, infrastructure projects, water resources management, and mega projects while allocating additional capital reserves against pandemic-related risks.

Overall an exciting time lies ahead for the KSA’s Construction industry!

From economy overview, to sector-specific advancements in Buildings, Infrastructure, Industrial Developments as well as Power & Water segments - accessing the latest KSA market report will details each event that shaped this vibrant industry throughout last year and what we can expect in 2023. The report contains a detailed analysis of the latest building and infrastructure projects, as well as information about current contractor awards and upcoming tenders. It also provides an overview of the economic situation and major players in the private and public sectors, including critical players positioning.

The Ventures Onsite Construction platform offers a comprehensive view of existing trends and emerging opportunities for companies looking to capitalize on growth opportunities in Saudi Arabia's construction sector. It gives users access to up-to-date data on building projects, contractor awards for infrastructure, energy, and buildings, and identifying key contractors and consultants that have been awarded public and private construction contracts across all sectors recently.

To find out more about Ventures Onsite or to request the latest KSA construction report contact [email protected]

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