Saudi Arabia Aspires for Real Estate Role in Attracting Foreign Investments

Saudi Arabia Aspires for Real Estate Role in Attracting Foreign Investments

The Saudi Real Estate Future Forum keeps pace with the government's tendency to attract foreign companies to invest in the Kingdom's real estate sector, asserted Minister of Municipal, Rural Affairs, and Housing Majid al-Hogail on Monday.

Hogail described the forum as an "opportunity to exchange regional and international experiences and views to benefit from them, as it represents an intellectual platform at the local and international levels."

The second edition of the Real Estate Future Forum is set to be launched on Monday in Riyadh, with over 100 speakers and decision-makers from more than 30 countries representing local and international public and private sectors.

The forum is set to discuss the real estate sector's present and future, according to a practical and scientific concept and method based on dialogue and discussion and exchanging ideas and opinions that boost the industry.

The minister indicated that the success of the work and outputs of the forum in its first edition posed a significant challenge to continue this boom in the future.

The forum represents an excellent opportunity to present the Kingdom's experience and government efforts in developing and sustaining the real estate sector, especially the residential sector, said Hogail.

He also noted that it reflected the ministry's achievements