KSA to implement US$ 40 bn worth of Green Building projects

Posted on 4th December 2014

Saudi Arabia is in the process of constructing “green building” projects worth almost US$ 40 billion, according to Faisal Alfadl, Saudi Green Building Forum Secretary. Alfadl was speaking at the fifth annual Saudi Green Building Forum (SGBF) which discussed the theme of “Principle strategies: A vision for urban development”.

Green Building Saudi

The event was attended by high-ranking Saudi officials as well as local and international experts, according to Arab News.

Addressing the conference, Alfadl said: “Today’s event is designed for consultation and to review previous initiatives and recommendations on aspects of employment and investment in urban development based on the government spending budget this year.”

According to SGBF, Saudi Arabia's ecological footprint is significant, with five hectares of the country's energy resources consumed per person – more than double the global average.

The forum suggests that this could be reduced by using alternative and renewable energy and a greater focus on the design and implementation of energy conservation of buildings in line with modern standards of green buildings.

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