Huge Projects in Multi-Billion Dollar Saudi Construction Boom Fuel Demand for Stone & Stone Technology.A multi-billion dollar Saudi construction boom, propelled by high-oil-price-generated excess liquidity, a strong economy, and a growing population has prompted strong demand in Saudi Arabia for stone and stone technology. Dozens of huge construction projects are already underway or in the pipeline. The Government is expected to disburse billions of dollars on municipality upgrades and overhauls, hundreds of thousands of housing units needed to accommodate the expanding population, and projects involving hospitals, universities and hundreds of new factories.
