Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail began an official visit to the United States today, which will continue until August 22. During his visit, Minister Al-Hogail is scheduled to meet with key U.S. government officials, major construction and real estate development companies, and financing agencies. The primary focus of these discussions will be enhancing partnerships between Saudi Arabia and the United States in urban development, construction, building, financing, and real estate sectors.
In addition to high-level meetings, the minister will oversee the signing of multiple agreements related to various real estate sectors. The visit aims to attract leading American companies to the Saudi market, particularly in real estate development, financing, supply chains, modern construction technologies, and urban infrastructure. Furthermore, the minister will explore and evaluate successful American projects in urban development, discussing potential opportunities to implement simil
ar initiatives within the Kingdom.
As part of his visit, Minister Al-Hogail will also inaugurate a housing exhibition at the Saudi Cultural Attaché’s headquarters in Virginia. This exhibition is designed to provide Saudi citizens residing in the U.S. with information on the housing and financing options available through the Sakani Program as part of its integrated housing projects.
Source: Saudi Press Agency