New Opportunities Arising in Manufacturing and Services as Saudi Arabia Changes Focus from Oil
The government of Saudi Arabia has a vision for its nation, in that it is attempting to diversify away from oil-based economy and create opportunities elsewhere, such as the construction industry. Among other ideas, it has developed the Saudi Railway Master Plan, projected to cost SAR 63.0 billion (US $17 billion) and to be completed by 2025. The forecast-period outlook for construction in Saudi Arabia remains positive due to population growth, increasing levels of disposable income and urbanization, improving consumer...
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