“Housing” recommends the establishment of an independent company that will be an arm of the ministry in its strategy

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In line with the movement that has prevailed in the circles interested in the need to involve the private sector in providing housing products that meet the needs of beneficiaries, sources reported that the strategy submitted by the Ministry of Housing to the Shura Council includes the establishment of an independent company that will be an arm of the Ministry of Housing, working to provide housing units without profit objectives, in addition to the recommendation to impose fees on white lands.

The process of developing raw lands without completing services is a major economic event that would meet all the housing support programs announced by the Ministry of Housing.

The process of developing raw undeveloped lands represents a major economic event that would meet all the housing support programs announced by the Ministry of Housing, thus contributing to the process of increasing the volume of supply in the final market, something that is expected to lead to further price declines during the coming period.

According to the sources, the strategy recommended many points that have been the focus of attention of many followers during the past period, including the imposition of fees on white lands, a proposal that witnessed major deliberations between many parties with the participation of the Ministry of Housing.

Sources said that the strategy recommended a number of points that have been the focus of attention of many followers, including the imposition of fees on white lands.