Saudi Arabia leads the leisure development sector in the Middle East with 53%, equivalent to $22 billion in active leisure developments. The United Arab Emirates is in second place with $17 billion. In 2023, the leisure sector will create 185,000 jobs for workers during the construction of world-class hotels and theme parks.
With $21 billion already under construction, ABiQ expects a further $12 billion of leisure developments to begin construction in the next two years.
The top 5 contractors in the leisure construction sector are:
- ALEC Engineering and Contracting
- Al Bawani
- BESIX
- Baytour Construction Company
- ASGC
ATN we focus on supporting the development of the African and Middle Eastern markets. We identify investment opportunities and help companies make the right decision regarding their role in investment, economic development and socioeconomic improvement. ATN provides validated data and trusted business intelligence. Our unique project forecasting and tracking tool provides data and analysis to support business growth strategy across the Middle East and Africa.
Article source: ABIQ