22-Dec-2010 11:56 AM

Saudi Arabia puts up USD155bn in infrastructure investment in 2011

Saudi Arabia plans to invest SAR580 billion (USD154.7 billion) in 2011 as it invests in infrastructure, including airports and roads, and education to spur growth in the country (Reuters, 21-Dec-2010). Saudi Arabia expects 2010 real GDP growth of 3.8% and inflation of 3.7%. Private sector growth is expected to be 3.7% in 2010.