<a style="color: #993300;" href="https://nhc.The National Housing Company "NHC“ has signed a number of agreements worth about 4 billion riyals on the sidelines of the launch of a materials platform at The Future of Real Estate Forum, where the platform aims to connect contractors and real estate developers with the manufacturer or supplier approved by National Housing to automate the process of ordering materials.
In the framework of supporting factories and increasing production efficiency, National Housing has signed 22 memorandums of cooperation and understanding with 19 service providers.
The platform facilitates the ease of ordering materials. The e-platform facilitates the process of directly linking real estate developers and contractors with factories and suppliers of construction materials and technologies for the purpose of supporting local content and localization of industries, as the services of the e-platform target a variety of building materials provided through local service providers to increase efficiency in production.
Materials platform comes to achieve a variety of building materials that are provided through local service providers with the aim of increasing efficiency in production.
The platform comes to achieve the objectives of Kingdom Vision 2030 in supporting and stimulating local content and localization of industries, and effectively contribute to reducing the value of housing units to increase the ownership rate per capita, by offering building and finishing materials at discounted prices through the platform and facilitating the necessary procedures, in addition to supporting factories and increasing production efficiency in building materials.
<For his part, CEO National Housing Company Mohammed Al Batti said: "The company is working on projects with sales exceeding SAR 100 billion, where we aim to reach double the value in the coming years, and works to support local content and localization of industries, which contributes to achieving the targets of the Local Content Authority.“
National Housing Company
Mohammad Al Batti. <It is noteworthy that <a style="color: #993300;" href="https://amlak.net.National Housing is the enabler of the real estate development sector and the largest master developer of suburbs and residential communities characterized by quality of life, and aims to increase the real estate supply in the Kingdom and provide diverse housing options, as part of its efforts to achieve the targets of the Housing Program, one of the programs of Saudi Vision 2030 to raise the rate of home ownership for Saudi families to 70%.
