13
Oct
10:21
Saudi Arabia construction surges amid global economic downturn
Saudi Arabia's 15 Giga projects, in the eyes of the government, “the crown jewels” of Vision 2030, are a hot topic amid the global economic recession.
The value of all projects in Saudi Arabia to be awarded between 2021-2025 at $569 billion will significantly accelerate capital expenditure. In 2011-2021, awarded projects totalled $453 billion, according to MEED.
For the 15 Giga projects, in 2022, $13.1 billion was awa…
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Anonymous
Very good overview of the weekly steel market.
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