Ameriya Chairman Bandar Al-Ameri revealed that his company intends to build 50,000 housing units in agreement with a Chinese company specialized in urban construction.

Ameri explained that the company negotiated with the Ministry of Housing, which stressed taking into account the interest of citizens in terms of price and choice of type of construction. Al-Ameri explained that the company negotiated with the Ministry of Housing, which emphasized taking into account the interest of citizens in terms of price and choice of type of construction, adding that the financing deal with a local bank to finance 50,000 citizens will be announced soon, expecting to receive the project land and start construction and work on it within a month.

Ameri said that his company intends to build 50,000 housing units in agreement with one of the Chinese companies specialized in urban construction. He pointed out that the reason for the rush from the Saudi or Chinese private sector to invest in housing is the change in the partnership with the Ministry of Housing, to become through the private sector, through the National Housing Company.