The latest economic report issued by the Ministry of Economy and Planning showed that the construction activity still maintains its status as one of the fastest growing activities in the economy, with its growth rate in 2014 reaching 6.74 %, due to continued government investment spending on huge infrastructure projects.

The latest economic report issued by the Ministry of Economy and Planning showed that the construction activity

The annual report showed that although the GDP value of the activity increased, the growth rate began to decline compared to the previous year's growth rate of 7.77 %. This is because many projects have already been completed or disbursed in the past year, and the contribution of construction activity to GDP growth decreased from 0.4 % in 2013 to 0.3 % in 2014.

Construction activity's contribution to GDP growth decreased from 0.4 % in 2013 to 0.3 % in 2014.

The year 2014 witnessed a decrease in the prices of most construction materials, with the price of iron falling from 3094.4 riyals per ton in 2013 to 2903.8 riyals per ton in 2014, a decrease of 6.2%

Cable prices decreased by 4.9 %, and the price of a bag of cement decreased by a small 2%. The price per cubic meter of timber increased from 2575 riyals in 2013 to 2625 riyals in 2014, and the price per cubic meter of ready-mix concrete increased slightly from 205.3 riyals in 2013 to 206.3 riyals in 2014.

The price per cubic meter of ready-mix concrete increased slightly from 205.3 riyals in 2013 to 206.3 riyals in 2014.