His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, affirmed that the annual royal address delivered by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, on behalf of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud - may God protect them - at the opening of the third year of the ninth session of the Shura Council, embodies the steadfastness of the Kingdom’s approach to building and development, and reflects the clarity of national directions and the continuation of institutional work to achieve the aspirations of the nation and the citizen.
His Excellency said, "The royal address reaffirms the wise leadership’s commitment to continuing comprehensive development, raising performance efficiency, and addressing challenges, thereby enhancing the Kingdom’s achievements and supporting the goals of Saudi Vision 2030, and emphasizing the importance of sustainable development and preserving the capabilities of future generations."
His Excellency pointed to what was included in the speech in which His Highness the Crown Prince affirmed that the real estate sector reform measures have resulted in providing multiple options for citizens, enhancing the efficiency of the real estate market, and raising the rate of homeownership, stressing that these results reflect the continuous development witnessed by the real estate system in terms of regulations, systems, solutions, and options available to citizens.
His Excellency the Minister of Municipalities and Housing explained that the Ministry continues to work on developing the housing system and the real estate sector , addressing the challenges facing the market, raising its efficiency, and providing options that meet the needs of families and citizens, in a way that benefits the citizen and enhances the sustainability of the sector, within the framework of the objectives of Saudi Vision 2030.
He stressed that the directives of the wise leadership and its continuous support for the sector represent a basis for continued development, and that the next stage requires continued work and integration between the various parties, in order to achieve a balance between meeting the needs of citizens today, enhancing the sustainability of development, and preserving the capabilities of future generations.
His Excellency concluded by affirming that what has been achieved in the real estate and housing sector is an extension of the support of the wise leadership, and that the Ministry is continuing to develop the system and raise its efficiency, in order to enhance market stability, support citizens’ choices, and contribute to achieving the Kingdom’s developmental and economic goals.
Minister of Municipalities and Housing: The royal address affirms the Kingdom's steadfast approach to construction and development.
Al-Haqil: Real estate reforms have increased homeownership and enhanced market efficiency, and the ministry continues to develop housing within the objectives of Vision 2030.
