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KSA housing ministry, Al Tamimi Group to build 5,000 units

KSA housing ministry, Al Tamimi Group to build 5,000 units
(Photo credit: Arabianeye - Reuters)

Riyadh – Mubasher: Saudi Housing Ministry signed an agreement with Al Tamimi Group to build 5,000 units in several cities in the kingdom.

The agreement comes as a part of a public-private partnership programme recently approved by the country’s cabinet, according to the ministry's statement.

Through the programme, the government targets boosting the cooperation with the qualified real estate developers locally and internationally to pump more housing units and support the supply in the housing market, the ministry said.

The Ministry of Housing established Itmam centers developers services to facilitate all the necessary procedures to implement more residential units across the Kingdom.