Engineer Abdullatif Al-Sheikh, Minister of Municipal and Rural Affairs, revealed that the ministry is currently updating the list of handling municipal properties, in order to regulate municipal investment in the field of real estate and municipal services. During his participation in the Bipan 2017 conference, he explained that the amendments proposed to be made to the list focus on expanding the participation of the private sector, supporting small and medium-sized enterprises, and supporting long-term investment in large and pioneering projects that require a significant amount of technology, expertise, and financial investment. He pointed out that small and medium-sized enterprises can play an important role in all types of investments in the municipal sector, through direct investment with municipalities or investment in services associated with large investments with private sector companies.<\/p>\n
Engineer Al-Sheikh drew attention to the fact that the Ministry is currently, in collaboration with all relevant government agencies and the private sector, updating the National Urban Strategy, which represents the spatial dimension of development and reflects the spatial dimension of the goals of the 2030 Vision. This, by Allah\u2019s will, contributes to stimulating increased business activity for diverse economic activities, affirming the Ministry\u2019s keenness to support, empower, and motivate young men and women to achieve their dreams.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>Engineer Abdul Latif Al Sheikh, Minister of Municipal and Rural Affairs, revealed that the ministry is currently working on updating the regulations governing the disposal of municipal real estate, with the aim of regulating municipal investment in real estate and municipal services. During his participation in the Biban 2017 Forum, he explained that the proposed amendments to the regulations focus on expanding private sector participation, supporting small and medium-sized enterprises, and promoting long-term investment \u2026 Read 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