search search

Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times

Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times

Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times

Sep 14, 2022 at 16:09 PM

Share it on:

Facebook

According to global real estate consultancy Knight Frank, planned construction in Saudi Arabia by 2030 is set to make the Kingdom the current biggest const..

According to global real estate consultancy Knight Frank, planned construction in Saudi Arabia by 2030 is set to make the Kingdom the current biggest construction site in the world. @hindustani24 Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times - 1 Hindustani24.com

Knight Frank projected that Riyadh's population will touch 17 million by 2030 as compared to 7. @hindustani24 Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times - 2 Hindustani24.com

5 million today. @hindustani24 Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times - 3 Hindustani24.com

Following the launch of Saudi Arabia's national transformation plan, Vision 2030, in 2016, Riyadh alone has seen an unveiling of real estate projects worth $104 billion. @hindustani24 Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times - 4 Hindustani24.com

"We are currently tracking 15 giga projects in various phases of construction around the Kingdom, many of which are new stand-alone super-cities in their own right", commented Harmen de Jong, head of Real Estate Strategy & Consulting, Saudi Arabia. @hindustani24 Saudi Arabia to become the world's largest construction site: Report - News | Khaleej Times - 5 Hindustani24.com

Saudi Arabia to become the world's largest construction site: ReportMeet three friends cycling from Tajikistan to Saudi Arabia via UAEPlans for a new international airport worth $147 billion have also been reported by the real estate firm, details of which are expected soon

Roughly 74 per cent of the $200 billion nationwide infrastructure expenditure goes towards this airport

Close to 30 per cent of home-owners in the Kingdom are prepared to spend over $800,000 on a second home in Neom, the report adds, meaning that developers will have their work cut out for them to satisfy this explosive demand

Saudi Arabia: GCC residents on tourist visa can now obtain Umrah, Rawdah Sharif permitsOffering the best tourism real estate investment in the CaribbeanEgypt: Nile islanders face eviction to make way for grand development plan

Share it on:

Facebook

Comments

Please: Not to offend the writer, persons, or sacred things, or attack religions or the divine being, and to stay away from racial incitement and insults.