Saudi Arabia is investing heavily in infrastructure to cope with a booming population, but international firms looking to make a fast buck may have to temper their ambitions for a while yet,
The Riyadh skyline is dotted with cranes these days, as artists’ impressions of grand futuristic buildings become reality.
The building boom in Saudi Arabia is just part of a huge, government-led initiative to modernise and expand the kingdom’s infrastructure. Saudi Arabia’s demographics are skewed towards the young, with recent estimates putting the proportion of Saudis aged 14 or under at around 40 per cent of the 27 million-strong population.
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