{"id":80248,"date":"2025-07-05T07:52:57","date_gmt":"2025-07-05T04:52:57","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=80248"},"modified":"2025-11-25T21:12:40","modified_gmt":"2025-11-25T21:12:40","slug":"31-1-%d9%86%d9%85%d9%88%d9%8b%d8%a7-%d9%81%d9%8a-%d9%82%d8%b7%d8%a7%d8%b9-%d8%a7%d9%84%d9%85%d9%82%d8%a7%d9%88%d9%84%d8%a7%d8%aa-%d8%a8%d8%a7%d9%84%d9%85%d8%af%d9%8a%d9%86%d8%a9-%d8%a7%d9%84%d9%85","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/80248\/","title":{"rendered":"31.1 % Growth in Medina's construction sector over the past year"},"content":{"rendered":"<p>Achieve <strong><a href=\"https:\/\/amlak.net.sa\/en\/72522\/\">Contracting sector<\/a> <\/strong>In Madinah, the sector\u2019s activity volume grew by 31.1% in 2024 AH compared to the previous year, driven by a number of major projects implemented in Madinah, as well as expansion and maintenance work at the Prophet\u2019s Mosque and its surrounding facilities, and government support for housing projects and real estate initiatives.<\/p>\n<p>A report by <strong><a href=\"https:\/\/www.mcci.org.sa\/\">Medina Chamber<\/a><\/strong>, The most notable factors supporting activity in the contracting and construction sector in Madinah in recent times, including increased investment in the real estate sector, rising demand for residential units and commercial complexes, an improved business and investment climate, streamlined licensing procedures for local and foreign contractors, and increased market competition.<\/p>\n<p>The report explained that the construction of sustainable infrastructure projects\u2014such as the development of roads, bridges, water and electricity networks, and sanitation systems, as well as increased maintenance and operations, and the expansion of residential and commercial facilities, have directly contributed to the boom in the contracting and construction sector and have served as a catalyst for stimulating and supporting economic development in the region.<\/p>\n<p>He highlighted the economic importance of the construction sector in Madinah, noting its vital role in stimulating economic growth, its contribution to increasing gross domestic product through the implementation of major development projects, its status as the sector that employs the most local and migrant workers, its role in reducing unemployment rates, and the creation of job opportunities across various activities within the sector, as well as the construction sector\u2019s integration with other sectors, such as the industrial sector through the production of building materials, engineering and administrative consulting services, and the transportation sector through the transport of materials and equipment.<\/p>\n<p>The report emphasized the importance of the construction sector in stimulating real estate investment through its contribution to the development of residential, commercial, and industrial projects, which has driven investment in Madinah, improving the quality of infrastructure, and strengthening the investment environment, in addition to enhancing Medina\u2019s status as a tourist and religious destination through the implementation of hotel projects, tourist facilities, and infrastructure capable of accommodating visitors and Umrah pilgrims.<\/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>The contracting sector in Madinah achieved growth during the year 2024 by 31.1% in the volume of sector activities, compared to the previous year, supported by a number of mega projects implemented in Madinah, expansion and maintenance works in the Prophet's Mosque and its surrounding facilities, and government support for housing projects and real estate initiatives. A report issued by the Madinah Chamber reviewed the most important factors supporting ... <a title=\"31.1 % Growth in Medina&#039;s construction sector over the past year\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/80248\/\" aria-label=\"Read more about the 31.1 % growth in the construction sector in Madinah over the past year\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":75083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[7786],"tags":[],"class_list":["post-80248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mecca-madinah"],"acf":{"amlak_post_excerpt":"\u062a\u0642\u0631\u064a\u0631 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