SHM signs agreements making it easier for families to own first house


The Housing Ministry’s Sakani program signed four agreements with a number of agencies during the Sakani Forum for the first quarter of 2021, held in Riyadh.

The agreements aim to make it easier for Saudi families to own their first house, thus achieving the goals of Vision 2030 by increasing the percentage of home ownership to 70 percent by 2030.

Sakani also honored a number of partners, including financiers, developers and contractors, for their efforts during the last period and their contributions to achieving the program’s goals.

The event was attended by the Housing Minister Majid Al-Hogail. The agreements, which will be implemented in partnership with the private sector, included providing model engineering designs for the beneficiaries of the self-construction option through the Sakani platform, in partnership with the National Housing Company.—AN

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