0000101855 00000 n Sales of real estate by corporates and owner-occupiers in EMEA raised 25.6 billion in 2022 as disposals of owned properties remain an attractive and viable route to raising capital. Our technical experts and visionaries harness the power of technology to deliver transformative outcomes. The total installed cement production capacity is forecasted to increase from over 50 million tons per annum to well over 60 million tons by 2015. "Saudi Arabia Construction Outlook - Dec 2022", https://www.researchandmarkets.com/r/kxjwkl-arabia?w=12. To access exclusive data, research and analysis along with many tables, graphs and charts, you can order your copy here. %PDF-1.4 % 0000056296 00000 n Rising inflation has implications for the construction sector globally, and the Middle East is no exception. Oil prices (Brent & WTI) have continued to gain this year with forecasts in September at $69-$66/bl2 for Q4 2021. Whilst one can use the adjacent table as a guide, accurate cost modelling and benchmarking requires a detailed analysis of historical and current projects . 0000011701 00000 n 0000107192 00000 n This edition of AECOM's Middle East Property & Construction Handbook assesses trends and new opportunities that have presented themselves during another year of recovery. Construction commodities inflation risks due to global events impacting supply chain management. This data acts as an indicative high-level guide and comparison of building asset costs and should be used circumspectly. trailer $z=BZ7#;4]t3EC0Z0'Z1B)b8zM)*T5s\PJ7LTcV\NSJ\&rzye~SxZ%L n$c9(Edl} 4s?w/[7ulZ 2mi%17,Lml0P7^F elcd4u;OI8{99~qF#1^&w6s%r"5v gBT.GbK(/_;4./\ Published by Statista Research Department , Jan 3, 2023. A rebooted privatization program aimed at injecting much needed foreign direct investments (FDIs) into the Egyptian economy is likely to spur construction activities and accelerate the recovery of Cairos real estate sector in the coming years. 0000043706 00000 n The handbook also reviews the impacts and threats experienced over the last 12 months on local, regional and international markets. 0000016036 00000 n xref 0000052359 00000 n ksa construction cost benchmarking 2022 - Accounting Training For The Saudi Arabia Construction Cost and Outlook report reviews the change in global commodity prices over the last decade and the main econometrics that have a strong correlation to changes in historical costs for each of the GCC countries. The construction activity within Buildings, Infrastructure, Industrial, Power & Water, Oil & Gas sectors are explained with major events. As of October 2022, KSA holds a 35% market share with a recorded $31 billion worth of contract awards against an overall MENA total of $87 billion as tracked by MEED Projects. There is an inflow of experienced talents and organisations from around the globe to KSA. 0000011881 00000 n HWko_1)^{I`rnn6@E[lpEm}g_E"q;t>^QLrDn@ Were happy to discuss the findings of the report with you. Saudi Arabia's construction industry is forecast to recover in 2021, growing by 2.9%, after contracting by an estimated 0.5% in 2020. Please enter your username or email address. 0000019113 00000 n JLL's regular view on global real estate dynamics, covering: investment, office, logistics, retail, hotels and living, as well as CRE market trends. Saudi Arabias construction sector is in a high growth trend, driven by the Kigdoms visionairy leader, and Vision 2030. The handbook also reviews the impacts and threats experienced over the last 12 months on local, regional and international markets. 2022 Middle East Construction Labor, Material, Labor Productivity & Cost Databases / PDF's Countries covered includes Bahrain, Egypt, Iraq, Kuwait, Qatar, Saudi Arabia, Turkey, UAE & (6) other .
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