With a heavy media presence and the participation of major real estate companies from inside and outside the Kingdom, Minister of Housing Majid Al-Hogail inaugurated Restatex Riyadh Real Estate Exhibition, which will be held from April 22 to 25 at the Exhibition and Convention Center in Riyadh, with the participation of several government agencies, in addition to a group of real estate development and financing companies and companies concerned with housing, real estate and construction affairs.<\/p>\n
Events accompanying the exhibition<\/strong><\/p>\n The exhibition includes a set of accompanying events that include lectures, seminars and workshops that review the reality of the housing market in the Kingdom and mechanisms to support and develop it, in addition to discussing the plans and programs of the Ministry of Housing and its efforts in developing urgent housing solutions. . During the opening, the pavilions of major real estate companies appeared in an elegant dress as they presented their real estate products to visitors and businessmen, where the show revealed the size of the large market and the interaction of companies with the housing and financing programs offered, which confirms the unity of the general goal and the endeavor of all sectors to contribute to solving housing issues by providing residential schemes complete with services and infrastructure, and companies reviewed multiple models of housing options, and other future projects that promise to be promising<\/p>\n Completion, Wafi, Ejar and White Lands at the exhibition<\/strong><\/p>\n During the opening, the Minister visited the Ministry of Housing's pavilion participating in the exhibition and was briefed on the various corners that highlight the Ministry's current and future projects, including residential units of villas, apartments and townhouses, in projects that integrate all the necessary service facilities such as mosques, schools, health centers and all other service sectors, in addition to commercial, recreational and other facilities, in addition to its various programs and initiatives that come within the policy to regulate the housing sector and facilitate a balanced and sustainable housing environment, such as \u201cwhite land fees\u201d, \u201drent\u201d, \u201downers\u201d union\u201d, \u201dcompletion\u201d, and.<\/p>\n Partnering with 30 real estate developers<\/strong><\/p>\n He stressed that this exhibition is an opportunity to learn about the solutions provided by the Ministry to provide adequate housing for citizens, in addition to viewing the experiences of real estate development and financing companies locally and internationally, and learning about their developments in this sector, pointing out that the Ministry is keen to strengthen the partnership with qualified developers and financiers, in line with the strategic objective of supporting supply, enabling demand and stimulating the real estate supply, in addition to improving the performance of the real estate sector and raising its contribution to the local economy. 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\nThe accompanying sessions and workshops, which will last for three days, include a review by His Excellency the Governor of the General Authority for Real Estate Essam Al Mubarak of the Authority's work plan with the participation of the Saudi Real Estate Institute, in addition to a workshop entitled \u201cReal Estate Index\u201d with the participation of the General Authority for Statistics, and another on the real estate retail sector, and the workshops accompanying the exhibition include a review of a number of programs and initiatives of the Ministry of Housing such as land fees, sorting units, Ettimam, Ejar program, and conclude workshops with the Real Estate Fund on \u201cmortgage financing.\u201d The workshops will be concluded with the participation of the Real Estate Fund on \"real estate financing.<\/p>\n
\nHis Excellency valued the partnership with the private sector and described it as of utmost importance in achieving the ministry's goals in the policy of supporting supply and enabling citizens to obtain adequate housing, pointing out that during the \u201cSakani\u201d program launched by the Ministry of Housing early last year 2017, 282 thousand residential and financial products were allocated in all regions, as well as the target for the current year to allocate 300 thousand residential and financial products. The target for this year has been announced to allocate 300,000 housing and financing products,\u201d he said, noting that the ministry has so far signed with more than 30 qualified real estate developers to provide housing units of high quality and appropriate prices that meet the aspirations of beneficiaries, and will continue to sign more agreements to ensure the pumping of more housing units in all regions.<\/p>","protected":false},"excerpt":{"rendered":"