Six trends transforming project management for Saudi’s construction sector ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Six trends transforming project management for Saudi’s construction sector
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 14
The real estate development sector is a key driver of economic diversification and growth in the Middle East (MENA). Despite global economic uncertainties, countries such as the Kingdom of Saudi Arabia, the United Arab Emirates and Egypt are seeing unprecedented growth in mega- and giga-projects. The spotlight has been on the Saudi Arabian construction sector since the announcement of Vision 2030 in 2016 – one of the world’s most ambitious projects. According to JLL’s recent KSA Construction Market Intelligence report, 2022 saw a record-high value of project awards estimated at $57bn. Meanwhile, MEED Projects forecast the total value of projects awarded in KSA between 2021 and 2025 to reach

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