Posted on 09/09/2023 1:17:22 PM PDT by nickcarraway
Saudi Arabia awarded construction contracts worth $250 billion since 2016, when the Kingdom embarked on an ambitious plan to build mega projects and transform its economy.
Property and infrastructure projects valued at $1.25 trillion have been announced across the country including the high-tech new city Neom, on the Kingdom’s west coast, according to property consultant Knight Frank LLP. The government has also unveiled vast new tourism and entertainment projects that aim to attract visitors from around the world while also encouraging Saudis to spend more domestically.
“Saudi Arabia will become the world’s largest construction site,” said Faisal Durrani, head of Middle East research at Knight Frank. “It is a mammoth task,” he said, and “modern methods of construction like 3D printing, modular construction, and off-site manufacture must be embraced.”
(Excerpt) Read more at english.alarabiya.net ...
They could plant some nice green lawns. It will make the place look nice.
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