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المدينة
Saudi Arabia's Minister of Municipalities Highlights Kingdom's Urban Development Progress and National Transformation at the United Nations
The Saudi Minister of Municipal and Rural Affairs and Housing, Majid bin Abdullah Al-Hogail, affirmed that the Kingdom has made significant progress in sustainable urban development, based on the objectives of Vision 2030. He emphasized that Saudi Arabia has moved from planning to implementation, with tangible results on the ground, such as increasing the homeownership rate from 47% in 2016 to 66.24% by 2025, nearing the 70% target. Urban development has also seen advancements in public spaces, with an increase in per capita green areas, improvements in urban transportation systems, and a rise in women's participation in the workforce to 36%. He pointed out that partnerships and investments include the signing of over 56 agreements with the private sector and the issuance of green bonds valued at $9.1 billion in 2024, supporting the continued sustainable urban development in the Kingdom.
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