Construction In Saudi Arabia -Market Strategies free essay sample

The Saudi Arabian construction industrys growth prospects by market, project type and type of construction activity †¢Analysis of equipment, material and service costs across each project type within Saudi Arabia †¢Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Saudi Arabian construction industry Assessment of the competitive forces facing the construction industry in Saudi Arabia, and profiles of the leading operators †¢Data highlights of the largest construction projects in Saudi Arabia. Browse Full Report With TOC: http://www. marketresearchreports. biz/analysis-details/construction-in-saudi-arabia-key-trends-and-opportunities-to-2017 Executive summary The Saudi Arabian construction industry registered a compound annual growth rate (CAGR) of 6. 94% during the review period (2008–2012). Industry expansion was supported by the government’s initiatives to transform the country from an oil-based economy to one more reliant on manufacturing and services. This resulted in significant investments in infrastructure development, which positively affected other markets in the industry. We will write a custom essay sample on Construction In Saudi Arabia -Market Strategies or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Population growth and a rise in disposable income also increased the demand for residential, commercial and institutional buildings. The industry is expected to record a forecast-period (2012–2017) CAGR of 5. 54%, driven by an increase in government expenditure on infrastructure construction. Scope This report provides a comprehensive analysis of the construction industry in Saudi Arabia. It provides. Historical (2008-2012) and forecast (2013-2017) valuations of the  construction industry in Saudi Arabia using construction output and value-add methods †¢Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type †¢Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) †¢Analysis of key construction industry issues, including regulation, cost management, funding and pricing †¢Assessment of the competitive environment using Porter’s Five Forces analysis †¢Detailed profiles of the leading construction companies in Saudi Arabia To Get Download Full Report with TOC: http://www. marketresearchreports. biz/sample/sample/188520 Reasons to buy identify and evaluate market opportunities using Timetrics standardized valuation and forecasting methodologies. Assess market growth potential at a micro-level with over 600 time-series data forecasts †¢Understand the latest industry and market trends †¢Formulate and validate business strategies using Timetrics critical and actionable insight †¢Assess business risks, including cost, regulatory and competitive pressures †¢Evaluate competitive risk and success factors Key highlights †¢According to the Central Department of Statistics and Information, Saudi Arabia’s population increased from 28. 4 million in 2011 to 29. 2 million in 2012, registering an annual growth of 2. 9%. This growth was significantly lower than the last five-year (2008–2012) average rate of 3. 2%, as the birth rate (per 1,000) declined from 23. 6 in 2007 to 21. 8 in 2012. The gender distribution of the population remains skewed, with males accounting for 55% of the total population and females accounting for 45. 0%. According to UN estimates, Saudi Arabia’s population is expected to reach 33. 5 million by 2020. †¢The unemployment rate averaged at 5. 37% during 2009–2012, but fell to 5. 1% in 2013. The reduction has been attributed to government policies in early 2013, aimed at reducing the number of unskilled expatriates in the labor force, which initially had an adverse effect on sectors that were dependent on that form of labor. However, it has resulted in a number of individuals being able to find jobs. Timetric expects this scheme, along with the general economic performance, to bring the unemployment rate down to 4. 9% by 2017.