[Original] Saudi Arabia cement market has great potential

2015-01-28 11:06:43

Saudi Arabia is currently working to diversify its economy and change its over-reliance on oil exports. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. From 2014 to 2019, the compound annual growth rate of Saudi Arabia's cement market will reach 5.14%.

   Saudi Arabia, the largest economy in the Middle East, is working to diversify its economy away from its heavy reliance on oil exports, according to Reportbuyer. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. As the Saudi Arabian government begins to invest more money in the construction sector, especially in the fields of electricity and transportation, and under the guidance of the development policy of building "economic cities", experts have analyzed that the compound annual growth rate of the cement market in Saudi Arabia will reach 5.14% from 2014 to 2019.

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Saudi Arabia is currently working to diversify its economy and change its over-reliance on oil exports. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. From 2014 to 2019, the compound annual growth rate of Saudi Arabia's cement market will reach 5.14%.

2015-01-28 11:06:43