His Excellency the Minister of Municipal and Rural Affairs and Housing Mr. Majid bin Abdullah Al-Haqeel revealed that Spanish investments in the real estate sector account for 40% of the total investments between the two countries that exceed $3 billion over the past ten years, pointing out the importance of continuing cooperation and exchange of experiences in serving this vital sector, stressing that the Kingdom welcomes building bridges of cooperation with successful international experiences and benefiting from distinguished houses of expertise.
Haqeel announced on the sidelines of his participation in the Business Forum.
<On the sidelines of his participation in the Saudi-Spanish Business Forum, Al-Haqeel announced the signing of a real estate development agreement next month with a Spanish development company to implement residential units within integrated residential communities and suburbs that take into account quality and quality of life standards
<On Wednesday, the Minister witnessed the launch of the Saudi-Spanish Business Forum in Madrid, organized by the Federation of Saudi Chambers and the Chamber of Spain, where the forum reviewed Saudi-Spanish investment opportunities and partnerships in the fields of building technologies, smart cities and urban planning, in the presence of the Ambassador of the Custodian of the Two Holy Mosques.
Spanish investments in the Kingdom
