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The Ministry of Municipalities and Housing in Riyadh has signed agreements with "Weshah" Company and landowners to develop four residential projects in the Al-Arid and Al-Narjis neighborhoods. The goal is to increase housing supply and provide more options for Saudi families. Through these partnerships, the ministry aims to transform raw land into integrated projects, thereby accelerating the production of housing units and promoting sustainability in the real estate sector. This aligns with Saudi Arabia's Vision 2030 objectives to raise homeownership rates among citizens. The projects include a variety of housing units such as multi-story buildings and apartments. The ministry is also working to support an attractive investment environment to foster urban development in the capital.
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