Ministry of Housing opens the door for foreign companies to compete for housing projects

Ministry of Housing Projects

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The Ministry of Housing has strengthened its partnership opportunities with foreign companies by allowing them to enter the actual competition with national companies to build housing, informed sources explained that this step aims to raise the rate of competition and introduce modern construction methods that provide the best construction methods and to enhance partnerships between the local and foreign sectors and attract available competencies to complete housing projects, and the ministry was holding agreements with foreign companies to implement its projects.

The Ministry of Housing has invited real estate developers wishing to compete to offer the design, marketing, construction and delivery of 9,049 apartments in multi-storey residential buildings.

It is worth mentioning that the Ministry has invited real estate developers wishing to enter the competition to offer the design, marketing, construction and delivery of 9049 apartments within multi-storey residential buildings on the lands of the Ministry of Housing.