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Saudi MOH negotiates global firms to end housing crisis

Saudi MOH negotiates global firms to end housing crisis
Housing ministry's spokesman, Bandar Al Abd Al Kareem- (Photo Archive)

Riyadh – Mubasher:  The Saudi Ministry of Housing (MOH) is in talks with international construction companies for a fast accomplishment of its widely spread projects in the Kingdom.

The ministry's efforts target solving the housing crisis in mega cities, which requires building more than 200,000 various housing units, according to a Saudi local newspaper.

Housing ministry is expanding its partnership with the private sector to implement the housing projects with low cost, including 60 global companies, the ministry's spokesman, Bandar Al Abd Al Kareem, told Al Jazirah newspaper.