{"id":59959,"date":"2023-10-12T14:55:31","date_gmt":"2023-10-12T11:55:31","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=59959"},"modified":"2023-10-12T14:55:31","modified_gmt":"2023-10-12T11:55:31","slug":"%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af%d9%8a%d8%a9-%d8%aa%d8%b3%d8%aa%d8%ad%d9%88%d8%b0-%d8%b9%d9%84%d9%89-%d8%a7%d9%84%d8%ad%d8%b5%d8%a9-%d8%a7%d9%84%d8%a3%d9%83%d8%a8%d8%b1-%d9%85%d9%86-%d9%85%d8%b4","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/59959\/","title":{"rendered":"Saudi Arabia accounts for the largest share of construction projects in the region with USD 1.3 trillion"},"content":{"rendered":"<p>She said \u00a0<strong><a href=\"https:\/\/amlak.net.sa\/en\/1399\/\">Jones Lang LaSalle<\/a> <\/strong>\u201cJLL, a real estate management, investment and development consultancy, said Saudi Arabia accounted for the largest share of construction contracts awarded during the first half of 2023 in the Middle East and North Africa (MENA) region, worth $101 billion.<\/p>\n<p>She explained <strong><a href=\"https:\/\/amlak.net.sa\/en\/1400\/\">\u201cJLL\u201d<\/a><\/strong>Saudi Arabia's share of these contracts amounted to 44 billion dollars, followed by the United Arab Emirates 23 billion dollars, indicating that both markets recorded an increase in the value of awarded projects compared to the same period last year.<\/p>\n<p>The total estimated value of the MENA region's project pipeline reached USD 3 trillion, with Saudi Arabia accounting for the largest share at 35%, or USD 1.3 trillion, while Egypt and the UAE accounted for USD 500 billion each.<\/p>\n<p>Saudi Arabia awarded $5 billion worth of construction contracts in the residential sector during the first half of this year, while the value of contracts for entertainment projects in the Kingdom amounted to $2 billion.<\/p>\n<p>On the other hand, the value of Saudi Arabia's construction market is expected to grow at an average annual rate of 4% between 2024 and 2027, driven by the relentless economic diversification efforts that are an integral part of the Saudi Vision 2030 targets.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>\u0642\u0627\u0644\u062a \u00a0\u062c\u0648\u0646\u0632 \u0644\u0627\u0646\u062c \u0644\u0627\u0633\u0627\u0644 &#8220;\u062c\u064a\u0647 \u0625\u0644 \u0625\u0644&#8221; \u0627\u0644\u0645\u062a\u062e\u0635\u0635\u0629 \u0641\u064a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0639\u0642\u0627\u0631\u0627\u062a \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0648\u0627\u0633\u062a\u0634\u0627\u0631\u0627\u062a \u0627\u0644\u062a\u0637\u0648\u064a\u0631 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u060c \u0625\u0646 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0627\u0633\u062a\u062d\u0648\u0630\u062a \u0639\u0644\u0649 \u0627\u0644\u062d\u0635\u0629 \u0627\u0644\u0623\u0643\u0628\u0631 \u0645\u0646 \u0639\u0642\u0648\u062f \u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0628\u0646\u0627\u0621 \u0627\u0644\u062a\u064a \u062a\u0645\u062a \u062a\u0631\u0633\u064a\u062a\u0647\u0627 \u062e\u0644\u0627\u0644 \u0627\u0644\u0646\u0635\u0641 \u0627\u0644\u0623\u0648\u0644 2023 \u0641\u064a \u0645\u0646\u0637\u0642\u0629 \u0627\u0644\u0634\u0631\u0642 \u0627\u0644\u0623\u0648\u0633\u0637 \u0648\u0634\u0645\u0627\u0644 \u0623\u0641\u0631\u064a\u0642\u064a\u0627 \u0648\u0627\u0644\u062a\u064a \u0628\u0644\u063a\u062a \u0642\u064a\u0645\u062a\u0647\u0627 101 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631. \u0648\u0623\u0648\u0636\u062d\u062a &#8220;\u062c\u064a\u0647 \u0625\u0644 \u0625\u0644&#8221;\u060c \u0623\u0646 \u0646\u0635\u064a\u0628 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 &#8230; 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