Wednesday 6 March 2019

#Saudi sees investment in housing sector at 60 bln riyals in 2019 | Reuters

Saudi sees investment in housing sector at 60 bln riyals in 2019 | Reuters:

Saudi Arabia’s housing minister Majed al-Hogail, said on Wednesday he expects invesment in the housing sector to reach 60 billion Saudi riyals ($16.00 billion)in 2019.

The private sector is now financing 100 percent of housing market needs, up from 35 percent previously, the minister also said in a speech at a conference.

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