Saudi Arabia, China sign housing agreements worth over $1.33bn
18 August 2023; MEMO: Saudi Arabia and China have signed a number of housing and infrastructure agreements amounting to over $1.33 billion, furthering ties and investment between the two countries.
At the Saudi-China Business Forum in Beijing, which commenced today, Saudi Arabia’s Minister for Municipal, Rural Affairs and Housing, Majid bin Abdullah Al-Hogail, invited Chinese firms to invest in the Kingdom’s real estate sector.