Omani Minister of Housing and Urban Planning Reviews Experience of Real Estate Development Fund

Riyadh, Sep. 13, 2022, SPA — The Minister of Housing and Urban Planning of the Sultanate of Oman Dr. Khalfan bin Sa`id Al-Shuaili, praised the results and achievements of the housing support programs of the Real Estate Development Fund, citing that the achievements in a short period of time indicate the existence of a comprehensive national vision in the Kingdom.
This came during his visit and his accompanying delegation to the Real Estate Development Fund in Riyadh, where he was received by the CEO of the Real Estate Development Fund Mansour bin Madi.
The Omani minister stressed that the comprehensive qualitative leap that the Kingdom is witnessing in various fields is an opportunity for joint cooperation between the two sides, in accordance with the Kingdom’s Vision 2030 and the Sultanate of Oman’s 2040 vision, praising the digital transformation of the Real Estate Fund and the diversification of options for housing support programs in enabling citizens to own housing.
During the meeting, the Omani delegation was briefed on a visual presentation of the Real Estate Fund’s experience in empowering about 1.5 million beneficiaries since its establishment in 1974 in various regions of the Kingdom and the transformation phase in its strategy in June 2017.

Source: Saudi Press Agency

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