Market Overview

Research and Markets: Saudi Arabia Infrastructure Report Q2 2012: Growth to Continue Well into 2012 Thanks to the Government's Vast Infrastructure Investment Scheme

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/5c08e4/saudi_arabia_infra) has announced the addition of the "Saudi Arabia Infrastructure Report Q2 2012" report to their offering.

Over the past year Saudi Arabia's already buoyant construction sector has been boosted significantly after a flurry of contracts worth US$47.8bn were awarded in the first nine months of 2011.

Saudi Arabia Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Saudi Arabia's infrastructure industry.

This is a trend BMI expects to continue well into 2012 thanks to the government's vast infrastructure investment scheme, aimed at staving off public discontent. BMI forecasts construction industry growth rates will accelerate over 2012 and 2013, as projects that have been awarded to contractors enter the construction phase.

BMI is forecasting 5.4% and 5.2% real growth in 2012 and 2013 respectively, reflecting increased government spending over 2011. Saudi Arabia's construction sector is fuelled predominantly by public spending on economic and social infrastructure and government allocations pledged in H111 will, therefore, have a significant impact. BMI saw contracts filtering through over H211, building upon the strong activity observed in early 2011. Furthermore, significant contracts were awarded in the power sector in the second half of 2011, in addition to a key rail contract, an increase in road project funding, and investment in social infrastructure - specifically housing. Additionally, the agreed syndicated loan arrangement for the King Abdulaziz Airport expansion programme is a milestone for one of the largest brownfield airport projects in the Gulf. Again, this is a trend that appears set to continue over 2012.

Key Topics Covered:

  • BMI Industry View
  • SWOT Analysis
  • Market Overview
  • Building Materials
  • Industry Forecast Scenario
  • Transport Infrastructure
  • Energy And Utilities Infrastructure
  • Residential/Non-Residential Construction and Social Infrastructure
  • Business Environment
  • Company Monitor
  • Al Rajhi Construction Group
  • Saudi Binladin Group (SBG)
  • Global Overview

For more information visit http://www.researchandmarkets.com/research/5c08e4/saudi_arabia_infra

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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