This memorandum aims to strengthen and develop operational processes and regulatory frameworks in the real estate development sector in the Kingdom. The memorandum aims to strengthen and develop operational processes and regulatory frameworks in the real estate development sector in the Kingdom, contributing to raising its efficiency and stimulating innovation.
Strategic Memorandum of Cooperation
The areas of cooperation between the two sides include innovation in licensing and pre-approval systems, activating smart mechanisms for data exchange and analysis, designing new and innovative models to enhance the integration of community services, and implementing pilot programs focused on improving the quality of life and the experience of residents in urban communities.
Sidra Project
The memorandum was signed at the Sadra" of ROSHN Group, in the presence of the Ministry's Undersecretary for Housing Supply Stimulation and Real Estate Development, Abdulrahman Al Taweel, and ROSHN Group's Chief Strategy and Corporate Affairs Officer, Yassin Kattan.
<span style="color: 1px; font-size: 15px; <Yassin Kattan said: "This memorandum represents a strategic step towards enabling innovation and developing modern organizational frameworks that accelerate the transformation towards a more efficient and sustainable real estate environment. It also supports the adoption of new business models that contribute to enhancing future infrastructure and quality of life within urban communities.”
