China State Construction, NHC Signs Agreement to build 20,000 housing units
National Housing Co. (NHC), Saudi Arabia announced in a statement that it has signed an agreement with China State Construction Engineering Corporation (CSCEC) to build housing units in NHC’s suburbs and communities in various regions of Kingdom.
The National Housing Company explained that this partnership comes as a continuation of its qualitative projects with major international contracting companies, through which it aims to build 20,000 housing units with different and varied areas and containing a group of health, educational and commercial facilities and services, public service areas and an integrated quality of life.
It noted that work is underway to reach the 2025 target of developing more than 300,000 housing units, exceeding SAR 250 billion in value.
