KSA's construction sector best performer in 2013


(MENAFN) A study by Jadwa Investment shows that the construction sector in Saudi Arabia is the best performing contributor to the gross domestic product (GDP) this year, regardless of a slowdown in the July-September period, Saudi Gazette reported. The construction sector in the third quarter expanded by 5.7 percent year-on-year, but was down from 6.5 percent in quarter before it. Jadwa said: "Slower growth in the construction sector compared with the previous quarter may reflect the combined effect of the recent changes and enforcement of labor market regulations, as well as slower construction activity during the summer months."


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