Zhengzhou guan hao yong International Trade Co.,

Zhengzhou guan hao yong International Trade Co.,

Saudi Arabia Presents 660000 Residential Units, Marking A New Chapter In Prefab House Modular Building In The World's Largest Construction Market

2024 07/26

Saudi Arabia is preparing to build 660000 new residential units, which will become the world's largest construction market

According to the latest analysis by Knight Frank, Saudi Arabia's construction industry is thriving, with a total output value of $141.5 billion in residential, institutional, infrastructure, industrial, energy and utilities, and commercial sectors.We have been focusing on the construction industry for many years, involving container home, mobile home, prefab home, engineering pipelines HDPE pipe, PVC pipe, kitchen and bathroom pipelines PPR pipes and fittings. We believe that we can contribute to the construction of Saudi Arabia.

At the same time,By the end of 2028, the construction output value of all industries in Saudi Arabia is expected to reach 181.5 billion US dollars, making Saudi Arabia the world's largest construction market.prefab home

With the booming development of Saudi Arabia's construction industry, the country plans to build 660000 new residential units by 2030. Saudi Arabia's construction industry is thriving.Mohamed Nabil, Head of Partners, Projects, and Development Services for the Middle East and North Africa region, said: "We are currently witnessing a historic transformation happening in Saudi Arabia, where construction projects stand out in terms of design scale and value.

"Considering the scale of the development projects, the government hopes to attract over $3 trillion in investment by 2030, as confirmed by the Minister of Investment at the first China Gulf Industrial and Investment Cooperation Forum held in China last monthprefab home
This massive investment aimed at transforming the Kingdom of Saudi Arabia is at the core of Vision 2030 and will also solidify the Kingdom's position as a global hub for tourism, commerce, and trade.