Articles > National Housing Company (NHC) secures SAR 30 billion agreements at Real Estate Future Forum 2025
National Housing Company (NHC) secures SAR 30 billion agreements at Real Estate Future Forum 2025
By KlickAnalytics Data Insights | January 28, 2025 11:01AM ET
- NHC signs agreements and MoUs worth SAR 30 billion at RFF 2025
- Key partnerships inked with government entities and private sector companies
- Initiatives aim to enhance efficiency in real estate sector and boost national economy
In a recent development that is set to shake up the real estate sector, the National Housing Company (NHC) has sealed a series of agreements and memoranda of understanding (MoUs) valued at SAR 30 billion. According to the Saudi Press Agency (SPA), these deals were made with various government entities and private sector companies on the sidelines of the Real Estate Future Forum (RFF) 2025.
One of the significant agreements included a MoU between NHC and the Ministry of Industry and Mineral Resources to enhance collaboration in supply chains and the Industrial Links Program. This collaboration aims to boost efficiency in the real estate development sector, ultimately leading to enhanced outcomes in the industry.
Furthermore, NHC also signed a key MoU with King Abdulaziz City for Science and Technology (KACST) in partnership with Al Saif Company to strengthen construction development through off-site construction technologies. Additionally, the company finalized two open purchase agreements with Zamil Air Conditioners Factory and Alfanar Company, further expanding its network and capabilities in the industry.
In a strategic move towards growth and development, NHC, along with CETC China Construction and Alrawaf Contracting, entered into a partnership for a Logistics City project in Khuzam Destination. This initiative aims to foster supply chain efficiency in the real estate sector, strengthen the national economy, and support upcoming real estate development projects.
With these groundbreaking agreements and partnerships, NHC is set to play a pivotal role in shaping the future of the real estate sector in Saudi Arabia, driving innovation, collaboration, and economic progress.
- Key partnerships inked with government entities and private sector companies
- Initiatives aim to enhance efficiency in real estate sector and boost national economy
In a recent development that is set to shake up the real estate sector, the National Housing Company (NHC) has sealed a series of agreements and memoranda of understanding (MoUs) valued at SAR 30 billion. According to the Saudi Press Agency (SPA), these deals were made with various government entities and private sector companies on the sidelines of the Real Estate Future Forum (RFF) 2025.
One of the significant agreements included a MoU between NHC and the Ministry of Industry and Mineral Resources to enhance collaboration in supply chains and the Industrial Links Program. This collaboration aims to boost efficiency in the real estate development sector, ultimately leading to enhanced outcomes in the industry.
Furthermore, NHC also signed a key MoU with King Abdulaziz City for Science and Technology (KACST) in partnership with Al Saif Company to strengthen construction development through off-site construction technologies. Additionally, the company finalized two open purchase agreements with Zamil Air Conditioners Factory and Alfanar Company, further expanding its network and capabilities in the industry.
In a strategic move towards growth and development, NHC, along with CETC China Construction and Alrawaf Contracting, entered into a partnership for a Logistics City project in Khuzam Destination. This initiative aims to foster supply chain efficiency in the real estate sector, strengthen the national economy, and support upcoming real estate development projects.
With these groundbreaking agreements and partnerships, NHC is set to play a pivotal role in shaping the future of the real estate sector in Saudi Arabia, driving innovation, collaboration, and economic progress.
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