Chinese builders set vision on booming Saudi Arabia economy
By Cai Jing | China Daily | Updated: 2012-09-08 08:24
China's building materials companies should cash in on the opportunities being presented in Saudi Arabia's booming capital construction market, a trade official said.
Xie Zhongmei, director of the department of West Asian and African affairs at the Ministry of Commerce, said there is huge demand for building materials in the largest economy in the Middle East, which is expected to push forward $100 billion of infrastructure projects by 2016.
As an economy dominated by the oil industry, most of the building materials being used in Saudi Arabia, apart from concrete, are imported.
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