The Kingdom of Saudi Arabia seeks to become one of the first countries in the world to have a clear strategy in the housing sector and a specific target for home ownership, by driving the real estate sector in general and addressing the main challenges faced by the sector, which will contribute to achieving the housing program targets by raising the ownership rate to 70% by 2030 after it reached 63.74% by the end of 2023. .<\/p>\n
His Excellency the Minister of Municipal and Rural Affairs and Housing and Chairman of the Housing Program Committee Majid bin Abdullah Al-Hogail's official visit to the People's Republic of China, which he concluded on May 2, was an extension of the comprehensive strategic partnership agreement between the Kingdom and China, where the visit witnessed the signing of several cooperation agreements and partnerships with many of the largest Chinese companies.<\/p>\n
The announcement of the National Housing Company<\/a> <\/strong>The signing of an agreement with the Chinese company CITIC to establish an industrial city and logistics zones that includes 12 factories for building materials within the Saudi-Chinese partnership, a turning point in the field of securing supply chains for building materials, contributing to the localization of building and construction products within the Kingdom, providing the necessary support for housing projects, producing high-quality and affordable housing units for citizens and creating job opportunities within the real estate sector.<\/p>\n While industry is a cornerstone of development and civilizational progress everywhere, and building materials are one of the important things in development and real estate development, the establishment of 12 factories for building materials supply chains contributes to the quality of construction, raising the pace of completion of housing projects, and reducing the prices of building materials for the final consumer.<\/p>\n Localization of the building materials industry<\/p>\n Localizing the Building materials<\/a> <\/strong>The importance of transferring expertise to train and employ Saudi youth and provide them with the necessary skills and expertise to sustain the development of the sector and labor force, not only in major cities, but also in various regions, especially in light of the strong rise of real estate development in the Kingdom currently, and the need for all aspects of support.<\/p>\n The agreements to establish factories to ensure building materials supply chains also aim to maximize the economic and developmental impact of the real estate sector, develop residential projects and raise their quality, promote national transformation in the construction sector, localize the building materials industry by attracting the experience of Chinese factories, provide production lines for projects, and raise the products of residential units in construction works.<\/p>\n It also aims toAgreement between National Housing and China's CITIC Group<\/a> <\/strong>The Kingdom will become an important center in the building and construction materials manufacturing sector to support the real estate sector, as well as a starting point to support the supply chains of building materials to various countries of the world, and to exploit the Kingdom's location to provide exceptional logistics services, which contributes to multiplying production and realizing the basic potential of the real estate sector at the local and international levels.<\/p>\n This comes in light of the Kingdom's tireless efforts to support and empower real estate developers and develop their knowledge and skills, to raise the quality of their internal operational processes, and increase their compatibility with the requirements of the Saudi real estate market and its future trends and needs, which increases the level of competitiveness and achieves efficiency in the sector for the benefit of citizens, and achieving the vision's targets to reach an ownership rate of 70% by 2030. .<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>\u062a\u0633\u0639\u0649 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0644\u0623\u0646 \u062a\u0635\u0628\u062d \u0641\u064a \u0645\u0642\u062f\u0645\u0629 \u062f\u0648\u0644 \u0627\u0644\u0639\u0627\u0644\u0645 \u0627\u0644\u062a\u064a \u062a\u0645\u0644\u0643 \u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a\u0629 \u0648\u0627\u0636\u062d\u0629 \u0641\u064a \u0642\u0637\u0627\u0639 \u0627\u0644\u0625\u0633\u0643\u0627\u0646\u060c \u0648\u0647\u062f\u0641\u064b\u0627 \u0645\u062d\u062f\u062f\u064b\u0627 \u0644\u062a\u0645\u0644\u0651\u0643 \u0627\u0644\u0645\u0646\u0627\u0632\u0644\u060c \u0645\u0646 \u062e\u0644\u0627\u0644 \u062f\u0641\u0639 \u0639\u062c\u0644\u0629 \u0627\u0644\u0642\u0637\u0627\u0639 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0639\u0645\u0648\u0645\u064b\u0627 \u0648\u0645\u0639\u0627\u0644\u062c\u0629 \u0627\u0644\u062a\u062d\u062f\u064a\u0651\u0627\u062a \u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629 \u0627\u0644\u062a\u064a \u064a\u0648\u0627\u062c\u0647\u0647\u0627 \u0627\u0644\u0642\u0637\u0627\u0639\u060c \u0645\u0645\u0627 \u0633\u064a\u0633\u0647\u0645 \u0641\u064a \u062a\u062d\u0642\u064a\u0642 \u0645\u0633\u062a\u0647\u062f\u0641\u0627\u062a \u0628\u0631\u0646\u0627\u0645\u062c \u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0628\u0631\u0641\u0639 \u0646\u0633\u0628\u0629 \u0627\u0644\u062a\u0645\u0644\u0643 \u0625\u0644\u0649 70% \u0628\u062d\u0644\u0648\u0644 2030 \u0628\u0639\u062f \u0623\u0646 \u0648\u0635\u0644\u062a \u0644\u0640 63.74% \u0645\u0639 \u0646\u0647\u0627\u064a\u0629 … Read more<\/a><\/p>","protected":false},"author":27,"featured_media":65296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[123],"tags":[],"class_list":["post-65295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-building-materials-techniques"],"acf":{"amlak_post_excerpt":"\u0627\u062a\u0641\u0627\u0642\u064a\u0629 \u0644\u0625\u0646\u0634\u0627\u0621 \u0645\u062f\u064a\u0646\u0629 \u0635\u0646\u0627\u0639\u064a\u0629 \u064812 \u0645\u0635\u0646\u0639\u064b\u0627 \u0644\u0645\u0648\u0627\u062f \u0627\u0644\u0628\u0646\u0627\u0621 \u0645\u0639 \u0633\u064a\u062a\u064a\u0643 \u0644\u062a\u0648\u0637\u064a\u0646 \u0627\u0644\u0633\u0644\u0627\u0633\u0644 \u0648\u062f\u0639\u0645 \u0645\u0634\u0627\u0631\u064a\u0639 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