Municipal Ministry inks deal with Saudi Downtown Co. to improve urban planning in 12 cities 

Municipal Ministry inks deal with Saudi Downtown Co. to improve urban planning in 12 cities 

RIYADH: Saudi Arabia’s realty sector is expected to witness large-scale property development and a transformation in civic infrastructure thanks to the rise in capital investment and enterprising government policies, according to delegates at the Cityscape Global Exhibition. 

The event, held in the capital city from Sept. 11-13, announced many significant projects, including residential, commercial or mixed-use developments that will change the Saudi skyline. It also featured plans slated to contribute to the upkeep and aesthetics of the cities, making it more appealing to tenants and residents. 

In a bid to enhance urban planning guidelines and design standards in Saudi Arabia, the Ministry of Municipal and Rural Affairs and Housing has inked an agreement with Saudi Downtown Co. to develop the architectural design standards in 12 cities.   

The memorandum of understanding, signed on the second day of the exhibition, aims to collaborate in establishing planning requirements, urban planning rules, and specific plans for projects in the wholly owned subsidiary of the Public Investment Fund.   

It also aims to improve planning and design standards for urban components such as parks, public squares, parking spaces, and all aspects of urban living quality. 

The company will have environmentally friendly urban hubs in cities such as Madinah, Al-Ahsa, Alkhobar, Buraydah, Taif and Arar. 

It will