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V Stuart Woodward at the Saudi Arabia Social Housing Development Summit ... more
   
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V Kele Contracting, the joint venture between Dubai's Enshaa and Australia's Kele International signs deal for $1.33bn Saudi housing project ... more
   
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V Major land allocation to housing in Riyadh ... more
   
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V RICS India releasing report on Affordable Housing ... more
   
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V Stuart Woodward of Levvel to speak at RICS India Affordable Housing Conference ... more
   
V Banks, realty sector help sought to make India slum-free ... more
   
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V Saudi Arabia's construction projects to introduce 1.5 million homes through 2015 ... more
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V Bahrain 'trying to solve housing shortage' ... more
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V Affordable housing in demand in Oman ... more
 
 
Major land allocation to housing in Riyadh
Ben Roberts, ConstructionWeekOnline.com
27 May 2011

The mayor of Riyadh has ordered 1,952 hectares of land to be devoted to new housing in the capital and surrounding towns, the latest step by Saudi Arabia's biggest cities to meet the shortfall in affordable housing.

Prince Abdul Aziz bin Mohammad bin Ayaf has ordered 620 hectares of land in the capital and 1,332 hectares in the province's main urban areas to residential units, just two of 35 major projects undertaken by the recently created Ministry of Housing to build 500,000 new homes nationwide.

'The mayoralty is keen to provide suitable land in Riyadh and other cities and townships in the province and extent all-out support to the project in order for the poor and needy get decent homes as quickly as possible,' said the mayor.

Saudi Arabia says it plans to build 500,000 housing units across the country, and in March the govenerment formed the Ministry of Housing, which is comprised mostly of members of other ministries and is headed by Shuwaish Al-Duwaihi, formerly governor of the General Housing Corporation.

King Abdullah, the Custodian of the Two Holy Mosques, has invested SAR 250 billion into the nationwide plan.

Last month, Makkah mayor Prince Khaled Al-Faisal announced he would spearhead the construction of 30,000 housing units in Jeddah, a city ravaged by floods earlier in the year. It is almost two years since Jeddah Development and Urban Regeneration Company announced its Jeddah Strategic Plan, a 20-year prospectus for the city that included initiatives to reduce the number of slums, build more affordable housing and increase the density of the city.
 
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