The Ministry of Housing is one of the most important ministries in the government of the Custodian of the Two Holy Mosques, may God protect him, because it plays a very important role, namely providing adequate housing for beneficiary citizens, and the Ministry of Housing was recently taken over by Mr. Majid Al-Hogail, one of the national cadres recognized for his competence Upon assuming the duties of the Ministry of Housing, he stated that Drawing up an integrated work plan during the coming period, including a set of necessary plans and tasks, in partnership and coordination with several related entities He emphasized that “Housing” is qualified to fulfill this role as It has highly qualified human resources at the highest level.
“Amlak“ conducted a survey with a number of businessmen, real estate and construction companies owners about what they want from the new Minister of Housing and their aspirations and future visions for the Ministry of Housing.
Reconsidering the 03% ratio
Yahya ibn Abdullah al-Jarifani ( General Manager of Al Jarifani Real Estate Office) We are We hope From H.E. Minister We hope that he will solve the issue of the housing crisis. We also hope that he will reconsider the percentage of 30% that the citizen benefiting from the additional loan pays to banks and financing companies, because it is a large percentage and may not be available to a large sector of citizens, especially those with limited income, and thus they will be deprived of benefiting from the loan and lose the opportunity to build their own housing.
Al-Jarfani suggested that the state, represented by the Ministry of Housing, purchase villas and housing units from developers and sell them in installments to the beneficiary citizens.
Expanding Private Sector Partnership
For his part, Fahad bin Othman Almoosa said General Manager of Al Jazeera Guide for real estate investment and development: «The Ministry of Housing should expand the base of state participation to the private sector according to a mechanism that contributes to solving the housing issue as well as Relying on large companies that have the ability and experience in implementing their projects, because these companies are certainly It has gained extensive experience through the implementation of many projects, thus ensuring that The Ministry of Housing does not want projects to falter and enter the spiral of delaying the delivery of projects to citizens, because the situation of low-income people cannot afford to delay. Dalil also called on the Ministry of Housing to take advantage of countries that have preceded it in Real estate and housing development.
On housing products, he said: "We need to diversify Housing Products and Convenience productive for the community, pointing to the need to distribute and develop the grants that have been annexed to housing.
Paying attention to developers and removing obstacles
and demanded Mohammed Al Ayyaf Anan CEO takes care of developers and removes obstacles This is so that the work can proceed in the required manner when it is implemented by the real estate developers.
Anan pointed out that the heirs' lands should be considered because they constitute a very large area, especially the disputed ones, and could contribute significantly to solving the scarcity of land by transferring them to the Ministry of Housing to implement its projects but only after these issues are resolved with the heirs legally. The company also demanded the need to open a specialized department for lands with disputes and put them up for public auctions so that competition for them is fair and open.
Infrastructure and Services
He emphasized Mohammed bin Sulaiman Al Nafisi Director Al-Nafisi Real Estate said that the new Minister of Housing «Al-Hogail» is one of the national competencies recognized for his expertise and is expected to do a great job, especially since he had similar success in his previous work And I added, from my point of view. I consider the Ministry of Housing to be the most important ministry and we expect a lot from it in the future. .
Al-Nafisi noted that the most important challenge facing the new housing minister, Al-Haqeel« It consists of infrastructure work in the lands on which housing projects will be built as well as grant lands and the delivery of service to the plans, in addition to the need to emphasize in the ‘speedy disbursement of products to beneficiaries, especially the elderly. and those with special circumstances.
On the private sector's partnership with the Ministry of Housing, Nafisi demanded He also called for the formation of permanent committees to address any emergency issue related to housing projects in different regions of the Kingdom.
Support for small businesses
In the same context, Ambassador Dr. Tarek Amin Abdel Ghaffar, Permanent Commissioner of the Council of Arab Unity and International Cooperation in Saudi Arabia, requested more support for small companies in accordance with the wise policy of the country's patron, the Custodian of the Two Holy Mosques, to advance the development movement in the Kingdom to develop the construction process and reach it to the ends of the urban development in the whole world and to make the Kingdom at the top of the list of urban development in the Gulf in particular and the world in general, and we wish continued development and prosperity. .
Facilities for foreign companies
Engineer Ibrahim Jaber praised the Minister of Housing for his humble attitude towards his division and called for facilitating the mortgage financing program for citizens, transforming the Development Fund into an independent financial institution, and facilitating the granting of preliminary approval for the expansion of foreign institutions to establish factories for prefabricated housing.
