Page 7 - Proposed ACFA Product range

KSA Building Construction info

From an overall future perspective, fiber Cement boards usage in Saudi Arabia is expected
to witness moderate growth in the upcoming years due to :-

• The growing preference for building construction.

• High imports into the country.

• Approving &allowing Saudi building code that will allow more & better opportunities
in the construction field .

• Saudi ministry of housing is planning to build 1.5M house by 2020 .

With foreign investments across the Real state ,hospitality, education and healthcare
sectors, the Kingdom’s building materials market is expected to open up opportunities for

the FBC industry in the long term.

but the market will also show signs of weakness in the public and construction sector. This
weakness could trickle into other sectors of the economy, which might restrain the

market. As the FCB sector is highly dependent on the construction market growth, it is
important to closely monitor the growth of KSA construction sector with major focus on

government strategy & diversification, project financing as well as project delay schedules.

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