Logo ofNational Housing Co.
National Housing Co. (NHC) signed a series of deals, agreements, and memorandums of understanding (MoUs) with government entities and private sector companies, with a total value of nearly SAR 30 billion.
The announcements were made on the sidelines of the opening of the Real Estate Future Forum 2025.
According to NHC, the agreements include an MoU with the Ministry of Industry and Mineral Resources. This agreement aims to enhance cooperation in supply chains and the industry links program, focusing on boosting local content and improving its efficiency within the real estate development sector.
Another MoU was signed with King Abdulaziz City for Science and Technology (KACST) in collaboration with Al Seif Co. This partnership focuses on advancing construction and building development through the use of off-site construction technologies.
Additionally, NHC signed agreements with nine real estate development companies: Retal Urban Development Co., Dar wa Emaar, Almasar Alhadeeth Co. Ltd., Thabat Al Maskan, Maya Real Estate Development and Investment Co., Al Raem Contracting Co., TELAD Real Estate Co., Alramz Real Estate co., and Ledar Co. These agreements aim to provide supply chain services and enhance collaboration within the sector.
The company also finalized two open purchase agreements, one with Zamil Air Conditioners Co. and another with Alfanar Co., further supporting its operational capabilities.
A major milestone in the agreements is the launch of the logistics city in the Khuzam destination. This initiative, in collaboration with China’s CITIC Construction Co. and Alrawaf Contracting Co., aims to enhance the efficiency of supply chains in the real estate sector.
Lastly, NHC signed an MoU with the Saudi Media Academy. This collaboration focuses on training and developing national talents through specialized training programs designed to qualify and equip professionals in the field.
Logo ofNational Housing Co.
National Housing Co. (NHC) signed a series of deals, agreements, and memorandums of understanding (MoUs) with government entities and private sector companies, with a total value of nearly SAR 30 billion.
The announcements were made on the sidelines of the opening of the Real Estate Future Forum 2025.
According to NHC, the agreements include an MoU with the Ministry of Industry and Mineral Resources. This agreement aims to enhance cooperation in supply chains and the industry links program, focusing on boosting local content and improving its efficiency within the real estate development sector.
Another MoU was signed with King Abdulaziz City for Science and Technology (KACST) in collaboration with Al Seif Co. This partnership focuses on advancing construction and building development through the use of off-site construction technologies.
Additionally, NHC signed agreements with nine real estate development companies: Retal Urban Development Co., Dar wa Emaar, Almasar Alhadeeth Co. Ltd., Thabat Al Maskan, Maya Real Estate Development and Investment Co., Al Raem Contracting Co., TELAD Real Estate Co., Alramz Real Estate co., and Ledar Co. These agreements aim to provide supply chain services and enhance collaboration within the sector.
The company also finalized two open purchase agreements, one with Zamil Air Conditioners Co. and another with Alfanar Co., further supporting its operational capabilities.
A major milestone in the agreements is the launch of the logistics city in the Khuzam destination. This initiative, in collaboration with China’s CITIC Construction Co. and Alrawaf Contracting Co., aims to enhance the efficiency of supply chains in the real estate sector.
Lastly, NHC signed an MoU with the Saudi Media Academy. This collaboration focuses on training and developing national talents through specialized training programs designed to qualify and equip professionals in the field.
