Saudi Arabia Cement market to witness Steady Growth till 2026

Mack23 Nov, 2021Real Estate

Saudi Arabia Cement market is expected to grow at a significant CAGR during the forecast period. Launch of government initiatives such as Saudi Vision 2030 which aims to promote the infrastructural activities in the country. This project is expected to propel the growth of real estate, tourism, healthcare industry, among others. The oil industry is the major revenue-generating source in Saudi Arabia and the government?s aim is to reduce the dependence on the oil industry and create other revenue-generating sources in order to boost the economy.