Construction

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The Saudi government has embarked on an ambitious spending programme that looks set to keep the local construction industry busy for years. In all facets of the sector, from large-scale infrastructure projects to new hospitals and schools, the slate of work is likely to expand in the coming years.

Until recently, local developers and city planners viewed urban expansion along horizontal rather than vertical lines. Before the completion of Riyadh’s Al Faisaliyah Centre in 2000, no building in the Kingdom topped 200 metres. Backed by a bullish economy and a surge of confidence following government spending on housing, infrastructure, health...

Chapter | Construction & Engineering from The Report: Saudi Arabia 2013

While the construction industry in many countries may still be in the doldrums, in Saudi Arabia it is proving to be the driving force behind economic growth. Indeed, all the parts are in place for construction to remain a growing industry over the coming decade. Saudi Arabia has the region's largest market; with its population of 29.2m people – as of 2012 – growing at an annual rate of 2.9%, the...

With its low debt-to-GDP ratio, abundant resources, growing consumer demand, healthy political discourse and rising investment, Indonesia is set to lead the region and could become the world's sixth-largest economy by 2030. The country has 111 commercial ports, more than 200 airports, an estimated 17,508 islands and around 245m people. But its...

In 2010-11 and 2012 through September, little foreign direct investment (FDI) was committed to Indonesian infrastructure. But a good deal has been promised lately, and significantly it has been promised by countries known for their patience, ability to work through bureaucratic delays, and relative insensitivity to risk and guarantee issues. It is...

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