Saudi Arabia issues over 68K construction permits in 9M 2018

Saudi Arabia’s Ministry of Municipal and Rural Affairs has issued around 68,300 construction permits in the first nine months of 2018, while demolition licenses stood at 1,025 for the period, Al-Eqtisadiah reported.

Riyadh municipality’s construction permits accounted for 24.6 percent, or 13,600, of the total permits issued, followed by Makkah at 12.8 percent, or 7,078 permits.

Around 6.5 percent of the issued permits— or 4,438 permits— were issued for Jeddah, while the Eastern Province took 863 permits, or 1.6 percent of the Kingdom’s total construction permits issued.