Saudi Arabia’s residential building construction is set to grow at a CAGR of 7.2% during 2011-2015

Feb. 26, 2011 - PRLog -- The report titled “Saudi Arabia Residential Construction Business and Investment Opportunity: 2006-2015” states that residential building construction has been the fastest growing segment in Saudi Arabia’s construction market.

Demand for residential construction is being fuelled by recovering oil prices, reasonable level of interest rates, government policies allowing foreign participation, combined with growing domestic population and increasing number of expatriates. “Strong demand across residential construction segments, especially affordable housing segment will outstrip supply over the medium term. This supply imbalance will lead to increase in prices, translating into high returns for investors.,” commented EMI’s Lead Analyst – MENA, Will Smith. Mr. Smith further added that “strong fundamentals in Saudi Arabia offer unique and stable investment opportunities”.

This report details market size, future growth, drivers, and trends across key segments in residential building construction for a period of 10 years from 2006-2015. A detailed segmentation provides a comprehensive understanding of the residential building construction market by value, volume, construction markets, location, price point, and construction type (new construction, re-development, and maintenance). In addition, it analyses macro-economic fundamentals and benchmarks the residential building construction industry in South Arabia with key global markets along with risk assessment through proprietary EMI Construction Industry Attractiveness and Risk Index, which gives unique investment insights.

For more information, please contact EMI at reports@emergingmarketintelligence.com

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