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Construction Boom propels the KSA PreCast Market
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APAC accounted for around 50% of the global PreCast market followed by Europe , North America and Rest of the world. The Kingdoms major cities are building in huge towers, malls, hotels , office building and halls based out of precast concrete and its products.To boost the real estate and to propel the precast market the KSA government has lately announced constructing of 500,000 residential units.The major sizable market for precast in 2020 will be captured by the residential segment with 29.3%, followed by construction activities in Energy and utilities segment with 27.5%.
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