Riyadh: Minister of Municipalities and Housing Majed Al-Hogail emphasized the critical role of the municipal and housing sectors in improving quality of life and attracting investment in the Kingdom. During a panel at the Public Investment Fund (PIF) Private Sector Forum, he highlighted the ministry's five key pillars, focusing on enhancing urban environments to improve quality of life, fostering a business-friendly climate to attract investment, strengthening resilience through sustainability initiatives, and achieving strategic objectives more efficiently.
According to Saudi Press Agency, in the housing sector, Al-Hogail noted investment opportunities totaling more than SAR250 billion across various contract types. He underscored emerging opportunities in artificial intelligence, technology, logistics, and tourism, affirming the private sector's vital role in driving execution and growth.