SR400B RE Investment Shortfall alifarabia | January 27, 2013 | Featured Saudi Arabia, Saudi Arabia | No Comments TweetSaudi Arabia is set to build 2.4 million housing units by 2020, but the Kingdom’s real estate investment is short by SR400 billion to meet anticipated housing demand. Saudi Arabia housing stock will rise to just over seven million units by 2020, compared to 4.6 million by 2010, according to National Commercial Bank Capital research. wallyg / Foter.com / CC BY-NC-ND Related posts: Saudi King Approves Design For 15,000 Houses The Saudi Press Agency says the King has approved designs for 15,000 houses: May 9, 2011- Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud reviewed at... MENA Needs 3.5 Million New ‘Affordable’ Homes, says Jones Lang LaSalle The MENA region has a shortage of 3.5 million affordable dwellings, with Egypt, Iraq, Morocco and Saudi Arabia suffering from the biggest shortfalls. For all the boom (and subsequent busts)... Saudi Real Estate Sector Ground Realities Show Limited Capacity To Build 500,000 Homes While the new housing decrees are set to boost Saudi real estate sector, the on-the-ground reality is that the country’s housing authorities do not have the capacity to build 500,000... World’s Biggest LNG Producers By 2020 Chevron is the world’s fastest growing liquefied natural gas (LNG) producer, beating Qatar Petroleum, according to Evaluate Energy data. Between 2010 and 2020, the U.S. energy giant will add 17... GCC Needs To Create 3.3 Million Jobs By 2020 The Gulf states will need to create 3.3 million jobs over the next ten years, meanwhile the MENA region will need to create 30.7 million jobs by 2020, according to... Related Posts 500 New Hotels Under Construction In The Middle East No Comments | Jan 26, 2012 What The Forbes Billionaire List Reveals About Middle East Turmoil No Comments | Mar 13, 2011 Gulf Emerges As Global Sweet Spot No Comments | Apr 8, 2012 The world’s best and worst central bankers No Comments | Sep 4, 2011 About The Author admin Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name:* Email Address:* Website: Comment:* Yes, add me to your mailing list.