Housing ministry to launch Sakani II in 2018

21/12/2017 Argaam

 

The Saudi Ministry of Housing, in cooperation with the Real Estate Development Fund (REDF) has announced the launch of the Sakani II program for 2018, which includes 300,000 housing and financing products.

 

These products include 125,000 housing units to be built under the public-private partnership (PPP) model, 75,000 residential land plots, and 100,000 financing facilities in partnership with the REDF, banks and financial entities.

 

REDF seeks to fulfill the needs of 50 percent of eligible beneficiaries by 2018, CEO Khaled Al Amoudi said, cited by state-owned news agency SPA.

 

The housing ministry said earlier that the Sakani I program would be completed in December.

 

In August, the ministry launched the seventh phase of its Sakani housing program that included the allocation of 28,051 housing products.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.