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Minister of Housing: The letter of the Custodian of the Two Holy Mosques puts us in charge of the honor and service of citizens

Minister of Housing: The letter of the Custodian of the Two Holy Mosques puts us in charge of the honor and service of citizens

Minister of Housing Majid bin Abdullah Al-Huqail praised the annual speech of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, at the opening of the second year of the seventh session of the Shura Council. The speech included keenness on citizens and citizens, Of services and high quality, which puts us all in front of the responsibility and honor of serving citizens.

Al-Huqail explained that the speech of the Custodian of the Two Holy Mosques conveyed many messages aimed at moving forward on the path of development, modernization and continuous development, as well as stressing the role of the private sector in its contribution to development as an important national partner. The continuation and support of development, the removal of obstacles, the promotion of domestic and foreign investment, the adoption of the strategy of economic diversification and the development of a more competitive economic structure.

His Excellency praised the continuous support of the housing and real estate sector, and referred to the establishment of the General Authority for Real Estate to organize, develop and improve the efficiency of non-governmental real estate activity and encourage investment in accordance with the objectives of economic and social development, and contribute to provide a range of services to citizens, developers and related parties, Thus improving the performance of the real estate sector, increasing its contribution to GDP and facilitating procedures in line with the strategic objectives of the vision of the Kingdom 2030.

He pointed out that the housing sector enjoys unlimited support from the wise leadership like other sectors in order to achieve the aspirations of all citizens and providing various services to them. He pointed out that the Ministry of Housing completed a number of programs, regulations and legislation during 2017, Allocation of 280,000 housing and financing products in all regions of the Kingdom, including prefabricated and on-plan housing units in partnership with the private sector represented by real estate developers, ready-made land, financing supported by the Real Estate Development Fund in partnership with banks and financing institutions, Which includes white land fees that have been applied in the cities of Makkah, Riyadh, Dammam and Jeddah, in order to stimulate the supply of real estate and the liberation of unused land to provide more housing, and the sale program on the map "Wafi" to regulate the sale and purchase before and during the implementation of housing projects, A variety of residential units with lower cost and higher quality, the "Union of Owners" program aimed at promoting safe residential living in residential complexes, and the "rent" program, which regulates the rental market and protects all parties from lessees, lessees and real estate agents. A target group of low-income and social security and the provision of appropriate housing support to them, and other programs that are characterized by their sustainability within the organization and moving a balanced and sustainable housing environment that meets the housing needs of citizens.

He continued: "Development continues at the level of various sectors and areas, including the housing sector in implementation of the directives of the wise leadership and meet the aspirations of citizens, asking God Almighty to preserve this country and maintain the blessing of security and security and stability, and to reconcile the Custodian of the Two Holy Mosques and His Crown Prince Secretary for all good "He said.

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