Ministry of Housing (Saudi Arabia)

The Ministry of Housing is a cabinet-level government ministry in Saudi Arabia was established in 2011 by a royal decree and responsible for the supervision of the housing in the Kingdom.[1][2] The Ministry also stimulate the development of housing products and supplying real estate.[1] The current minister is Majid Al-Hogail who was appointed in July 2015.[3]

Ministry of Housing
Ministry overview
Dissolved2021 (2021)
JurisdictionSaudi Arabia
HeadquartersRiyadh, Saudi Arabia
Ministry executive

Ministry programs edit

Since the establishment of the Ministry, it has launched different programs to overcome the issue of housing in the country. Eskan (housing) is one of the main programs that aim of providing citizens with housing products based on some criteria set up by the Ministry.[4][5] The Ministry claimed that by the year 2018, more than 300,000 housing products are planned to be allocated to beneficiaries through Sakani program.[6] In April 2021, in order to increase the Saudi home ownership to 70% by 2030, the Sakani program launched new services on its application like electronic financing, approved contractor, and interactive maps.[7] In 2018, Housing Minister Majid Al-Hogail handed over the first house built in 48 hours to its owner using a 3D-printed building technology.[8][9] The housing sector investment in 2019 is expected to reach $21.33 billion according to the housing minister to provide affordable housing units.[10][11]

See also edit

References edit

  1. ^ a b "Overview | Ministry of Housing". Retrieved 2019-03-21.
  2. ^ "Saudi Arabia Creates Ministry of Housing, SPA Reports". Retrieved 2019-03-21.
  3. ^ "FaceOf: Majid Al-Hogail, Saudi Arabia's minister of housing". Arab News. 2019-03-19. Retrieved 2019-03-21.
  4. ^ "Eskan | Ministry of Housing". Retrieved 2019-03-21.
  5. ^ "Initiatives and Programs | Ministry of Housing". Retrieved 2019-03-21.
  6. ^ "Sakani | Ministry of Housing". Retrieved 2019-03-21.
  7. ^ "Saudi Housing Ministry's Sakani program launches four new services". Arab News. 2021-04-23. Retrieved 2021-04-23.
  8. ^ "Saudi housing minister hands over '48-hour' house to new owner". Arab News. 2018-12-28. Retrieved 2019-03-21.
  9. ^ "Saudi Arabia builds precast house in 48 hours". Construction Week Online Middle East. Retrieved 2019-03-21.
  10. ^ "Saudi home ownership growing 6-7% annually". Gulf Business. 2019-03-06. Retrieved 2019-04-15.
  11. ^ "Saudi Arabia to see up to $21bn investment in housing this year". Arab News. 2019-03-06. Retrieved 2019-04-15.