to download the complete report - GulfBase.com
to download the complete report - GulfBase.com
to download the complete report - GulfBase.com
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Real Estate Sec<strong>to</strong>r<br />
Attractive for Foreign & Domestic Inves<strong>to</strong>rs<br />
» Besides <strong>the</strong> government’s focus <strong>to</strong> provide quality housing facilities in <strong>the</strong> Kingdom, <strong>the</strong> demand<br />
fundamentals of real estate sec<strong>to</strong>r increase its attractiveness for both domestic & foreign inves<strong>to</strong>rs.<br />
» The FDI inflow as a % of gross fixed capital formation showed a consistent increase in <strong>the</strong> Kingdom,<br />
recording a rise from 24.0% in 2006 <strong>to</strong> 32.1% in 2007.<br />
Foreign Direct Investment Flows<br />
(US$ bn)<br />
24<br />
33%<br />
22<br />
20<br />
28%<br />
18<br />
16<br />
23%<br />
14<br />
12<br />
18%<br />
10<br />
8<br />
13%<br />
6<br />
4<br />
8%<br />
2<br />
0<br />
3%<br />
2004 2005 2006 2007<br />
FDI Saudi Arabia (LHS) FDI UAE (LHS) Saudi FDI /Gross Fixed Capital Formation (RHS)<br />
Source: UNCTAD, World Investment Report 2008 & Global Research<br />
Global Investment House 42 Saudi Arabia Economic Overview - January 2009