Market Report, "Saudi Arabia Infrastructure Report Q4 2014", Published
Our view for the Saudi Arabian construction industry to post weaker growth H1 14 due to constraints in the labour sector has played out. We are maintaining our full year 2014 forecasts at 7.3% and see 2015 being a bumper year at 10.5% year-on-year. Although Q114 data was weak, we expect activity will pick up during H214 . In line with our view, Saudi Arabia plans to adopt measures which are aimed at relieving the financial burden of taking on...
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