Saudi's Housing and Construction Sector Grew 8% in 2019, Recovery in 2020 to Be Sped Up by Utilisation of Drones'

“Saudi’s construction sector to see faster recovery with the utilisation of drones in the ‘new normal’ - FEDS CEO”, for immediate publication.

                                                                                                                                

Highlights:

 

• A recent report released by the Kingdom’s Ministry of Housing showed that the housing and construction sector has surged by 8.03 per cent in 2019 following its major projects in line with the “Vision 2030.” It has also contributed to the Kingdom’s GDP boost to 12.6 per cent

 

• Saudi Arabia’s construction sector will see faster recovery with the utilisation of drones under the ‘new normal’ set-up, which continues to require safety measures including social distancing

 

• According to Rabih Bou Rashid, CEO of Falcon Eye Drones (FEDS) — the Middle East’s leading provider of Drone Technology, Data Technology, and Digital Transformation — the pandemic has presented a considerable challenge to the construction sector in Saudi, which used to require a significant number of labourers. As the Kingdom contains the spread of the disease as a paramount concern, drones can help afford an effective alternative to guarantee the sector’s continuity of operations, while ensuring health and public safety