Vision 2030

50 agreements enrich the Future of Real Estate Forum and emphasize the importance of responsibility

Reading time: 2 Minutes50 agreements enrich the Future of Real Estate Forum and emphasize the importance of responsibility

08/02/2023

Future of Real Estate Forum Summary

Rehabilitating 1 million hectares of land limits land degradation

FAO appreciates the Kingdom's initiative to rehabilitate one million hectares as part of «Green Saudi Arabia» and emphasizes continued partnership and support for ecosystem restoration

King Salman Park attracts $3 billion international investment fund to develop urban area

Gulagase-led consortium develops mixed-use urban area with the support of an investment fund comprising Saudi and international investors in five major packages

Public Investment Fund Forum

Opportunities worth billions of riyals The first day of the Public Investment Fund Forum paints a picture of a more diversified Saudi economy

The fourth edition of the forum in Riyadh showcases billions of riyals in partnerships and investments to boost the role of the private sector in Saudi Arabia's economic transformation

«Red Sea International sets new records in LEED certification»

«Red Sea International achieves LEED Platinum and Gold ratings for its airport, school and facilities, confirming its leadership in sustainable infrastructure

Minister of Tourism Ahmed Al-Khatib

Minister of Tourism: Utilizing the latest technologies and building materials in the development of modern cities and destinations

Al-Khatib: Neom, Red Sea, Qiddiya and Diriyah projects embody the cities of the future with advanced technologies, building materials and huge investments

Residential program

«Expo 2030 Riyadh awards the main contract for infrastructure works at the project site

The main contract for the infrastructure works for the Expo 2030 Riyadh site has been awarded to Nesma Group and their partners.

King Salman International Airport inaugurates third runway as part of its plan to enhance operational efficiency

King Salman International Airport begins construction of third runway to boost operational efficiency and support air traffic growth.

Implementation of the “Third Group” of the road development program in Riyadh at a cost of more than 8 billion riyals

The third set of Riyadh's road development program, costing more than SAR 8 billion to boost transportation, has begun.

Residential program

Destination Masar Receives the Federation of Saudi Chambers to review opportunities for joint cooperation

Reviewing cooperation opportunities between the Federation of Saudi Chambers and Masar to promote development in Makkah.

Ministry of Municipalities and Housing

Memorandum of cooperation signed between Municipalities and Housing and New Square to develop urban projects

The Ministry of Municipalities and Housing signed a memorandum of cooperation to promote the development of urban projects between the Ministry of Municipalities and Housing and the New Square Company.

The Crown Prince and the Emir of Qatar witness the signing of an agreement to implement the Saudi/Qatar high-speed rail project

Saudi Arabia and Qatar signed a high-speed rail project agreement to promote cooperation and sustainable development between the two countries.

1.3 billion riyals to build electrical infrastructure for Souda Summits tourism project

An agreement worth 1.3 billion riyals was signed to establish an electrical infrastructure for the Souda Summits tourism project.

Residential program

«Expo 2030 Riyadh awards Boro Happold the contract to prepare the master plan for the exhibition site»

Expo 2030 Riyadh announces the award of the master plan contract to Boro Happold Engineering Consultants.

King Khalid International Airport

King Khalid International Airport is on the cusp of the biggest transformation in its history

Saudi Arabia's King Khalid Airport announces new lounge distribution plan and enhanced passenger experience in 2026.

Residential program

NHC signs partnership agreement to strengthen and secure real estate supply chain in Khuzam destination

NHC signs agreement with Asas Al Muhailab to set up ready-mix concrete plants in Khuzam destination to boost real estate supply chains.

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