The main contributing sector was health care, accounting for 26 percent of awarded contracts at (SR15.0 billion), followed by residential real estate (SR12.0 billon) and industrial (SR6.0 billon), according to a report by the National Commercial Bank. The Value of awarded contracts in January jumped to SR30.4 billion, which had the highest monthly Value of awarded contracts during Q1, 2015. The Riyadh region amounted for the largest share of the Value of awarded contracts, which is largely attributed to the new military medical city.
06-03-2015, 11:01 PM
Value of awarded contracts reaches SR57.3 billion in Q1
The main contributing sector was health care, accounting for 26 percent of awarded contracts at (SR15.0 billion), followed by residential real estate (SR12.0 billon) and industrial (SR6.0 billon), according to a report by the National Commercial Bank. The Value of awarded contracts in January jumped to SR30.4 billion, which had the highest monthly Value of awarded contracts during Q1, 2015. The Riyadh region amounted for the largest share of the Value of awarded contracts, which is largely attributed to the new military medical city.
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