Saudi Arabia’s construction licenses edge down in 2016

13/06/2017 Argaam

Saudi Arabia’s Ministry of Municipalities and Rural Affairs issued 129,000 construction licenses across the Kingdom last year, a decline of 0.4 percent year-on-year (YoY), data from the General Authority for Statistics showed.

 

The licenses covered a total area of 435.4 million square meters for residential, commercial, industrial, educational and medical purposes.

 

Makkah came on top with 35,600 licenses, followed by Riyadh with 28,100 licenses.

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