Trade Journals for the Concrete Industry

Several megatrends are driving growth in the precast market in Saudi Arabia. At the forefront of these developments is Alrashid Abetong Co. Ltd., which has built an impressive 40-year legacy and become a premier precaster in the country. Over the past several decades Saudi Arabia has undergone a huge development. Much of this has been fuelled by the country’s massive oil reserves, but there are also other important factors at work. First of all, the country has a very young and growing population, which according to some estimates is expected to double by 2050. In addition, the government has been supporting an increasingly strong private sector with active housing, employment and industrialization policies, opening big opportunities for investments in housing, schools, universities, ports and similar.