Saudi Arabia Major Projects Report, H1 2021: The Government Announced a Raft of Measures Including a Cut Back in Projects Spending
Share this article Share this article ResearchAndMarkets.com's offering. The COVID-19 pandemic has in most countries caused significant disruption to the projects market and Saudi Arabia has been no exception. As the coronavirus took hold and the kingdom went to economic lockdown in the Spring, the government announced a raft of measures including a cut back in projects spending as its revenues from oil sales declined sharply. The impact is no better highlighted than in the performance of the projects market. For 2020 as a whole, just $18.2bn worth of contracts were awarded in total, making ...
Source: prnewswire.com