The Ministry of Municipalities and Housing announced the success of the Future Real Estate Forum in its fourth edition in signing 12 agreements for distinct real estate projects worth more than 6 billion riyals, as part of promoting the growth of the real estate sector and increasing the housing supply in various regions of the Kingdom.

Ministry of Municipalities and Housing announced through the “X” platform that a memorandum of understanding was signed between the Ministry's Housing Supply and Real Estate Development Agency and a number of specialized companies. <The ministry said through the X platform that among these agreements, a memorandum of understanding was signed between the Ministry's Housing Supply Stimulation and Real Estate Development Agency and a number of specialized companies. This agreement aims to enhance cooperation between the public and private sectors in developing innovative real estate projects that contribute to improving infrastructure and supporting the targets of the housing program, which contributes to raising the percentage of residential ownership in the Kingdom.

A number of agreements were also signed between the Ministry and a number of specialized companies. A number of agreements were also signed between the Ministry's Human Capacity Development Agency and a number of companies with the aim of developing and empowering national human cadres and promoting localization in various professions and sectors, in line with the Kingdom's vision to promote sustainable development.