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MENAFN - 31/12/2013
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(MENAFN) Nearly USD18.2 billion has been earmarked for the development of infrastructure in Saudi Arabia. Saudi Gazette reported.

The Saudi Arabian Monetary Agency (SAMA) published figures that show the total allocations for infrastructure developments in the country in the period betwen 2004 and 2014 was around 1.2 percent.


SAMA Groups said: ?SAMA?s figures show that last year the actual capital spending stood at around SR261 billion (USD69.5 billion)...our projections for this year show it could reach one of its highest levels of SR317 billion (USD84.5 billion).?

 


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