«This partnership will contribute to the localization of building and construction products within the Kingdom, to provide the necessary support for housing projects, producing high-quality and affordable housing units for citizens and creating job opportunities within the real estate sector,» Al-Haqeel added, via his account on the X platform.

Signed National Housing Company (NHC)“ As part of the official visit of His Excellency the Minister of Municipal and Rural Affairs and Housing and Chairman of the Housing Program Committee, Mr. Majid bin Abdullah Al-Hogail, to the People's Republic of China, a cooperation agreement was signed with China CITIC Construction Group to establish an industrial city and logistics zones for building materials, including 12 factories, with the aim of securing supply chains for housing projects, where the company was represented by CEO Mohammed bin Saleh Al-Batti.

The company explained that the cooperation agreements with China's CITIC Construction Group are part of the company's endeavors.“National Housing”By attracting 12 of the largest factories specialized in building materials and benefiting from Chinese experiences, in addition to the entry of a number of local factories to upgrade the level of business and attract the best service providers for the various sectors of the company, its subsidiaries, and other projects in accordance with the highest international standards.