Saudi Arabias construction sector recorded a big leap in Q1, with the value of contracts awarded by the government rocketing by more than five times over the same period of last year.

Caterpillar Logistics Services, Inc. (Cat Logistics), a wholly-owned subsidiary of Caterpillar Inc., has started construction work on a new regional parts distribution centre in Jafza.

Saudi Industrial Property Authority (MODON) has signed agreements for the planning phases of four new industrial cities in Riyadh, Dammam and Jeddah.

The Minister of Municipality and Urban Planning Sheikh Abdul Rahman bin Khalifa Al Thani, stated that US$10bn has been allocated by the Public Works Authority (Ashghal) to implement infrastructure projects during the next five years.