Currie & Brown is unique. All data within this application for TPI by Date, TPI by location, Building Costs, and Market Activity are current as at Q4 2022 and are subject to change. HWko_1)^{I`rnn6@E[lpEm}g_E"q;t>^QLrDn@ 0000044935 00000 n
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PDF Construction Costs Benchmarking - compass-pc.com The reference data section provides averaged international and regional cost data within the built environment. PDF Construction Costs Benchmarking Q2 0000055921 00000 n
KSA Construction Cost | August 2021 Download Report 22 Aug 2021 Following the challenging year of 2020, Saudi Arabia's construction sector has slowly recovered in 2021 with forecasted growth of 2.9%. Go beyond cost and risk mitigation. | m9i0sJ]c[pnr\pTr-cXw}(nY'Sc7@hPi|(V\]dSe#1P'LNq]%W5&2#oZZ>pmkVGFR%8>3n";-D?v)i`AZ?,N6cUUl'B~8H / 0000115554 00000 n
Construction output growth in KSA is anticipated to rise by 3.2% in 2022, with a further annual average growth rate (AAGR) of 4% between 2023 to 2026 as indicated by . The implementation of restrictions in the Kingdom led to targeted government cost-saving measures, including reduced expenditure on giga-project investment. Rising inflation has implications for the construction sector globally, and the Middle East is no exception. 0000101855 00000 n
Compass Project Consulting launched its quarterly construction costs benchmarking report that covers the UAE and KSA audience. 0000116057 00000 n
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Stalling growth rates, market shocks from conflict, high and continued inflation, tightening of financial conditions, rising debt levels, potential for new coronavirus outbreaks/variants, all have the potential to stifle projections.