Saudi Arabia Construction Market Share Analysis & 10 Year Growth Forecasts 2019-2029: Riyadh's Vision 2030 National Development Plan for Diversifying and Privatizing the Saudi Economy Driv...
Fluor Corporation (FLR)
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Source: Yahoo! Finance
The Saudi Arabia Construction Market size is estimated at USD 70.33 billion in 2024, and is expected to reach USD 91.36 billion by 2029, growing at a CAGR of 5.37% during the forecast period (2024-2029). Key Highlights The market is driven by Riyadh's Vision 2030 national development plan for diversifying and privatizing the huge Saudi economy. This plan includes several huge megaprojects like the Neom Future Cities, Qiddiya Entertainment City, and the Red Sea Project. Saudi Arabia offers the region's biggest pipeline of construction opportunities. Due to the COVID-19 pandemic, the Saudi Arabian construction market had to deal with many problems. The pandemic had a big effect on Saudi Arabia's construction industry. The rate at which construction contracts were given out dropped significantly in 2020 and 2021. However, the Kingdom had the highest value of projects awarded in 2022, which showed its commitment to diversifying the economy and changing the country in line with its
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- Power EPC Market Size Expected to Reach USD 1, 103 Bn by 2033 | Heightened Demand for Energy and Power [Yahoo! Finance]Yahoo! Finance
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- 5/3/24 - Miss
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- 5/3/24 - Form 4
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- 5/3/24 - Form 4
- FLR's page on the SEC website