"Housing" and "Trade" launch an electronic platform offering the possibility of building residential units worth 3.5 billion riyals for "development"



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Housing Minister Majid bin Abdullah Al-Haqail and the Minister of Trade and Investment, Majid Yen Abdullah Al Qasabi, have launched a "construction platform" that will allow developers and entrepreneurs to take advantage of the opportunities offered by social housing to build more than ten thousand housing units in different parts of the Kingdom, 5 billion riyals.

The platform aims to accelerate the response to the needs of the beneficiaries of the housing development program in all the governorates of the Kingdom and to allow small and medium enterprises of the construction sector to examine and contribute easily to the projects.

Bnaya is a flexible and innovative business platform that offers opportunities and projects for the construction of residential units on land proposed by developers and contractors in various parts of the Kingdom, proceeding in a fully electronic way, from the examination of housing construction project opportunities at the phases of technical and financial evaluation and even Conclusion of the contract for execution.

Developers and entrepreneurs will be able to examine all the opportunities available in the different regions of the Kingdom to study and select the project and prepare the preparation of financial presentations. Registration and reception will begin in early April via the platform link. https://benaa.housing.sa.

The Minister of Housing stressed that the Ministry of Housing was always committed to providing solutions and services tailored to families of all categories, especially beneficiaries of the housing development program in all regions, and aimed to provide adequate housing for these families. Accelerate the pumping of more suitable housing through small and medium enterprises.

He explained that the construction platform fits into the options provided by the housing development, as the program provides housing units through the purchase of the market or project units of the Ministry, as well as that the option of construction and construction, which we launched with this platform, to provide a better service to the beneficiaries of housing development.

He highlighted the role of the Ministry of Commerce and Investment in supporting the launch of this platform, stressing that it was an extension of effective and fruitful cooperation between the two ministries and the continued integration of all government agencies serving the homeland and the citizen.

For its part, the Minister of Trade and Investment said that the launch of such a platform helped to create more opportunities for small and medium-sized construction and construction companies to provide housing suitable for families benefiting from housing under development in different regions, noting that this would facilitate the work under the services provided including consideration of opportunities, technical evaluation and others.

He said: "The Ministry of Trade and Investment and the Ministry of Housing work closely together to provide the necessary services to all citizens." The Ministry of Housing is making great efforts to provide housing solutions to citizens of the country. different categories, including the beneficiaries of housing under development.This platform pursues these efforts and always provide all the support necessary to serve the inhabitants of the homeland. "

Development Housing is one of the initiatives of the housing program in the vision of the 2030 Kingdom. It aims to meet the needs of the most needy families in society and to enable them to own adequate housing or housing. The housing development provides housing either through the purchase of units available on the market, or by Ministry of Housing and Construction, or through the units of housing available in the Kingdom, in order to quickly meet the needs of the poorest families, partnership agreements have been concluded with more than 200 NGOs in all regions and governorates of the Kingdom. And help them choose their housing and track the delivery, management and operation of housing units.

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