Crane Capital

Saudi Arabia on track to become world’s biggest construction market

Since Vision 2030 was launched eight years ago, the kingdom has announced projects worth more than $1.25 trillion

A large number of construction cranes seen on the horizon near Riyadh, Saudi Arabia. (Photo: Getty Images)

Saudi Arabia is on track to become the world’s largest construction market as the kingdom pours billions of dollars into new urban hubs and tourism destinations underpinning its economic diversification strategy, according to Knight Frank.

Since Vision 2030...