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Saudi plans low-income homes

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 02 September 2007

Saudi Arabia is set to build 35,000 low-income housing units over the next two years, according to the country’s deputy minister of economy and planning.

Ahmed ibn Ibrahim Al-Hakami told Arab News more than one million homes were needed. The new units are to be built by the Social Affairs Ministry and charities.

According to Al-Hakami, King Abdullah has allocated SR10 billion from budget surplus to build 66,000 low-cost homes over four years.

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The King has donated five million square metres of land in Madinah worth SR 2 billion for a project by the King Abdulla Charitable Housing Foundation to build 13,000 units to house 50,000 people.

Social affairs minister Abdul Mohsen Al-Akkas said houses would be distributed free to those most in need, with maintenance carried out by the ministry.

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