His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, stressed the keenness to advance the contracting sector by stimulating cooperation between local and international competencies, employing modern technologies, and applying international quality standards to maintain public health and safety and the safety of workers and citizens.<\/p>\n
This came during his speech at the opening of the sixth edition of the Future Projects Forum 2024, organized by Saudi Contractors Authority<\/a> <\/strong>The event will take place in Riyadh on May 20-21, aiming to enhance cooperation between more than 35 government and private sector entities, and provide contractors and interested parties with the opportunity to learn about future projects in the sector.<\/p>\n He explained that the new version For the Future Enterprise Forum<\/a> <\/strong>This comes in light of the great support and attention given by the government of the Custodian of the Two Holy Mosques and His Highness the Crown Prince - may Allah protect them - to the development of the contracting sector, pointing out that the sector is a key pillar of growth and prosperity, and is considered one of the enabling sectors of the Kingdom's Vision 2030 initiatives, and a key driver for many different sectors.<\/p>\n Al-Haqeel pointed out that work has been done to increase the number of classified establishments in the sector, train and qualify workers in the sector, adopt model contracts as execution bonds, in addition to providing financing possibilities and increasing the use of modern technologies to increase the quality of project implementation, and the national strategy project for the contracting sector and its governance was launched to ensure integration between the relevant authorities.<\/p>\n The Minister of Municipal and Rural Affairs and Housing pointed out that more than 1,000 foreign companies have been attracted, referring to the agreements signed during the past months to raise the efficiency and quality of projects, including a partnership with the Chinese CITIC Group to establish an industrial city and logistics areas that include 12 factories to ensure the security of supply chains for housing projects, in addition to signing a number of memorandums of understanding with the Chinese International Contractors Association, the Turkish Contractors Union and the Korean Contractors Union to enhance their presence in the Saudi market.<\/p>\n In his speech, Al-Haqeel pointed out that the contracting sector is expected to witness a qualitative leap in the coming period in transformational projects, with more than 1,185 projects worth more than $240 billion, in line with the rapid growth witnessed by the Kingdom in various fields within the initiatives and programs of Saudi Vision 2030.<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>\u0623\u0643\u062f \u0645\u0639\u0627\u0644\u064a \u0648\u0632\u064a\u0631 \u0627\u0644\u0634\u0624\u0648\u0646 \u0627\u0644\u0628\u0644\u062f\u064a\u0629 \u0648\u0627\u0644\u0642\u0631\u0648\u064a\u0629 \u0648\u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0627\u0644\u0623\u0633\u062a\u0627\u0630 \u0645\u0627\u062c\u062f \u0628\u0646 \u0639\u0628\u062f\u0627\u0644\u0644\u0647 \u0627\u0644\u062d\u0642\u064a\u0644\u060c \u0639\u0644\u0649 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more<\/a><\/p>","protected":false},"author":27,"featured_media":65701,"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":[104],"tags":[],"class_list":["post-65700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"\u062e\u0644\u0627\u0644 \u0645\u0646\u062a\u062f\u0649 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644\u064a\u0629 \u0623\u0639\u0644\u0646 \u062c\u0630\u0628 \u0623\u0643\u062b\u0631 \u0645\u0646 1000 \u0634\u0631\u0643\u0629 \u0623\u062c\u0646\u0628\u064a\u0629 \u0648\u0645\u0634\u0631\u0648\u0639\u0627\u062a \u0628\u0642\u064a\u0645\u0629 \u062a\u062a\u062c\u0627\u0648\u0632 240 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