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Saudi Arabia puts up USD155bn in infrastructure investment in 2011

22-Dec-2010 11:56 AM

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.