30 November 2023
30 November 2023
All levels of the building will be made accessible via the main entry and reception points.
The building marks the company's first roofing plant since its Missouri factory was completed in 2016.
The refinancing loan was arranged on behalf of Bridge Investment Group and Lowe Property Group.
The facility will include a lactation room and a medical clinic for employee well-being.
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Per GlobalData, between 2024 and 2027, the Saudi Arabian construction industry is projected to register an AAGR of 5% in real terms, supported by investments in various sectors such as data centers, logistics zones, renewable energy, housing, and tourism projects as part of the Kingdom’s ‘Vision 2030’ economic diversification plan. Construction activity in the energy and utilities sector is estimated to grow at an AAGR of 5.6%, supported by the government’s aim to increase the renewable energy capacity and achieving zero net carbon emissions by 2060.
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