Saudi Arabia to boost partnership with developers

April 12, 2014 1:16 am

Saudi housing minister, Shuwaish Al-Duwaihi has said the ministry plans to set up a special company to boost its partnership with the private sector and also to be its executive arm, Saudi Gazette has reported. The ministry has recently launched two national programmes to organise the housing sector in the country, the first of which would determine Saudi families eligible for land and loans, while the second would organise housing rents with a view to keeping them low, the minister told an international symposium in Medellin, Colombia.