Released on a quarterly basis, the USSBC Contract Awards Index report uses a proprietary index to track Saudi Arabia’s construction pipeline. The report provides deeper analysis of major projects and a regional and sectoral breakdown. The headline index is a forward-looking indicator measuring the health of the Saudi construction market.
A majority of the awarded contracts were in oil & gas, real estate, and industrial which accounted for approximately 80%...
A majority of the awarded contracts was in oil & gas, real estate and military sector, which accounted for 87%...
The value of awarded contracts witnessed a strong resurgence thus far in 2019 as it reached SAR48.9 billion. This impressive...