Growth of Saudi projects rank second in GCC at USD1 trillion

04 Dec 2013

(MENAFN) Projects in Saudi Arabia reached more than USD1 trillion worth in 2013, ranking second among the GCC countries, the first in three years, according to Arab News.

Despite the Kingdom’s canceled projects, which reached USD196 billion, and delayed projects valued at USD167 billion, the Kingdom’s projects grew significantly.

The Kingdom plans to allocate other USD800 billion in the pipeline for future projects over the following 18 years.

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