KSA Construction Cost Insight Report

KSA was the strongest performer across the GCC in terms of the total value of construction project awards by year-end 2020.

November 29, 2021
  • Gary Tracey MRICS
  • Laura Morgan MRICS
  • Ian Hawkes

In 2021 the industry is showing signs of recovery with a busy project tender market generated from the Vision 2030 program. The KSA construction market is anticipated to grow by 2.9% in 2021. Oil prices (Brent & WTI) have continued to gain this year with forecasts in September at $69-$66/bl2 for Q4 2021.

Read our KSA Construction Cost Insight Report to find out more.

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