Saudi Arabia has taken a major step forward in its national housing strategy after securing a series of construction deals in China worth more than 1.9 billion riyals. Majid bin Abdullah Al-Hogail, the Minister of Municipalities and Housing, supervised the signing of six agreements and memoranda of understanding between Saudi and Chinese companies on the first day of his official visit.

The partnership focuses on key areas including engineering design, construction investment, financing solutions and the localisation of modern building technologies. The agreements aim to transfer knowledge, develop human capabilities and improve project efficiency to speed up delivery times across the Kingdom.

Two major residential contracts were officially awarded during the visit. The Al-Ruba project in Riyadh was given to CACC, which will build 2,010 residential units at a value of 875 million riyals. Meanwhile, China State secured the Al-Rasha Al-Faisaliyah project in Dammam to deliver 2,426 housing units for 1.06 billion riyals.

These latest projects support a broader bilateral target to build 100,000 housing units by 2030. The Ministry confirmed that it met its 2025 goal by signing contracts for 18,000 homes. With the 2026 contracts already passing the 19,000 threshold, the total number of contracted units now stands at over 37,000.

The opening day also featured the launch of the Saudi-Chinese Contractors Forum, an event organised by the Saudi Contractors Authority to expand joint operations in infrastructure and urban development. Al-Hogail noted that these international partnerships are vital for improving supply chains, building national expertise and expanding housing choices to meet the targets of Saudi Vision 2030.