KSA ‘being reborn’ as Vision 2030 unleashes $1tn real estate and mega-projects
Published 25 Aug,2021 via Arab News - Economy RIYADH - Almost $1 trillion of real estate and infrastructure projects have been announced across Saudi Arabia since 2016 as the Kingdom’s economy is transformed under Vision 2030, analysis carried out by global property consultant Knight Frank has revealed.
According to Faisal Durrani, Knight Frank’s head of Middle East research, “Saudi Arabia is a country being reborn.”
Durrani said: “The ambition that underpins Vision 2030 is being borne out in reality and we are rapidly closing in on $1 trillion of developments, all of which are colossal. And this is only about a third of the total spend planned.”
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