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Saudi Arabia needs to solve housing problem

Posted on 11 October 2012

Saudi Arabia needs SR 1.4 trillion in the next 10 years to catch up with housing development demands said Abullah Dahlan, member of the organizing committee of Jeddah Economic Forum (JEF) 2013. Dahlan said studies confirmed that 60 percent of Saudis don’t own their houses and the number is on the rise, if decision makers don’t find effective solutions.
Dahlan, along with Saleh Kamel, Chairman of Jeddah Chamber for Commerce and Industry (JCCI) held a press conference to reveal the JEF 2013 themes and topics. Most pertinent amongst the topics to be discussed during this year’s forum are the issues of housing and population growth………………………………………..Full Article: Source


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