Monday, 10 May, 2021 - 08:45
Riyadh- Asharq Al-Awsat
Moving forward with plans to realize the goals set by the Riyadh Strategy, Saudi Arabia’s Crown Prince Mohammed bin Salman has ordered the allocation of 20 million square meters for residential land north of the capital.
The ownership will be transferred to the Ministry of Municipal, Rural Affairs, and Housing. This comes as part of a drive to improve the housing sector, help families and develop Riyadh.
The allocation aims to increase the residential area of the Al-Jawan suburb from 10 million square meters to 30 million square meters, and build up to 53,000 housing units through integrated projects, facilities, and services in partnership with the private sector. This is on top of the 20,000 housing units that have already been announced.