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RIYADH: Saudi Arabia’s building sector noticed the worth of awarded contracts enhance to SR192.4 billion ($51.3 billion) in 2022 — a 35 % rise on the earlier yr, a number one business physique has revealed.
In response to the US-Saudi Enterprise Council, contract values throughout the fourth quarter of 2022 reached SR71.5 million, accounting for 37 % of the whole contracts awarded final yr.
The USSBC mentioned the general offers struck between October and December have been the very best for the reason that first quarter of 2015, when contract values touched SR88.1 billion.
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