Saudi Arabia creates new housing ministry
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Saudi Arabia creates new housing ministry

Saudi Arabia creates new housing ministry

Saudi Arabia has set up a ministry for housing to address the huge demand for new homes in the kingdom, Arab News has reported. The new ministry will get all the authority and responsibilities of the General Housing Corp (GHC) and other departments related to housing and will have the full control of land for housing in the country. The kingdom has five million residential units at present, but the overall number of units needed by 2021 is estimated to reach two million additional housing units, according to an independent study conducted by Jones Lang Lasalle, Saudi Arabia.

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