Beijing, Minister of Municipal, Rural Affairs, and Housing Majid bin Abdullah Al-Hogail, Chairman of the Housing Program Committee, met with the Minister of Housing and Urban-Rural Development of China, Ni Hong, in Beijing to discuss ways to strengthen cooperation between Saudi Arabia and China in areas of mutual interest. This meeting was attended by the Saudi Ambassador to China, Abdulrahman bin Ahmad Al-Harbi.
During the meeting, the two ministers discussed opportunities for cooperation in developing housing policies and programs, including exchanging experiences and best practices in city planning, sustainable urban development, investing in construction technology, and exploring investment opportunities to establish real estate and infrastructure projects within residential communities.
The two ministers reviewed successful experiences in providing housing solutions and options, increasing citizens’ opportunities to own homes, and exchanging experiences in urban management and its best practices. The M
inister of Municipal, Rural Affairs, and Housing emphasized the importance of strengthening the partnership and aligning the Kingdom’s Vision 2030 with the Belt and Road Initiative. He stated that this alignment will positively impact the economic status and aspirations of the Kingdom and China globally. He also expressed the intention of attracting the best Chinese construction companies to benefit from their expertise in enhancing housing units in various regions of the Kingdom in order to achieve the goals of the housing program-one of the programs of the Kingdom’s Vision 2030-by providing various housing and financing options for citizens.
Source: Saudi Press Agency
