Assignment on Housing and Construction Cost Escalation

Compose a 5000 words assignment on housing and construction cost escalation: a focused on saudi arabia. Needs to be plagiarism free!

Compose a 5000 words assignment on housing and construction cost escalation: a focused on saudi arabia. Needs to be plagiarism free! Certain factors were evaluated and analyzed to identify the major reasons for the cost escalations in the housing and construction industry in KSA. The factors that were analyzed include economic factors, geographic factors, demographic factors, social factors, and other environmental factors to provide accurate and reliable information regarding the cost escalations in the KSA’s construction industry. In the end, some strategies are proposed that could help the KSA’s construction industry to reduce its construction and housing cost.

With UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait being a part of GCC, it was observed that construction contracts worth USD 50 billion were awarded to contractors in the very first quarter of 2011 (Deloitte, 2012a). The breakup of these contracts is given in the image below:

Don't use plagiarized sources. Get Your Custom Essay on
Assignment on Housing and Construction Cost Escalation
Just from $10/Page
Order Essay

The Gulf Cooperating Council (GCC) flourished from the year 2003-2008 due to the spectacular increase in oil prices. With an increase in oil prices, the cost of construction also increased to about 60 percent particularly in Dubai (Meed Cost Indices, 2012a). In order to stabilize the economy to create a more balanced state, several projects were initiated with construction the major priority of GCC. The major hurdles for these projects were observed during the global economic crisis of 2008 where most of these initiated projects had to be canceled or kept on hold. However, with the recovery of the economy, it was predicted that the construction sector would be provided with outstanding growth opportunities in the forthcoming years (Meed Cost Indices, 2012a).

With the passage of time, the construction sector has shifted its focus from small and simple projects to more sophisticated and complex projects that require billions of dollars investment. Such projects involve complex civil work, electromechanical systems, and vital infrastructures to attract foreigners and investors.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
error: Content is protected !!
Open chat
1
You can contact our live agent via WhatsApp! Via +1 817 953 0426

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code STARS