Saudi is becoming a nation of homeowners, with over 2.2 million residents living in ROSHN communities by 2030″, says ROSHN Group CEO

Saudi is becoming a nation of homeowners, with over 2.2 million residents living in ROSHN communities by 2030″, says ROSHN Group CEO

Vision 2030 reforms have paved the way for a new generation of Saudis to become homeowners

London – Saudi Arabia’s combination of huge investment and building-friendly planning laws makes it one of the most vibrant real estate and construction markets in the world, says ROSHN Group CEO David Grover, who is in London speaking at the UK-Saudi Business, Trade and Partnership Forum.

“Saudi Arabia is embarking on a massive home-building journey with the goal that 70% of Saudis will own their own homes by 2030. This is made possible by the Saudi Government’s incredible support for the real estate sector,” Grover told the audience of industry leaders and top government officials from Saudi Arabia and the UK.

With the backing of Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), ROSHN plans to spend tens of billions of pounds to build integrated communities that will house over 2.2 million people by 2030.

“Our vision for ROSHN is to transform the way people live, work, and play throughout Saudi Arabia while maintaining and promoting the cultural identity of the nation. We’re seeking partnerships across a vast range of activity, from design and construction, to IT, operations and maintenance, and security. There are huge opportunities