29-01-2025
- Business
- Bahrain News Gazette
NHC Signs Strategic Deals, Agreements Worth SAR 30 Billion at Real Estate Future Forum 2025
Riyadh: The National Housing Company (NHC) of Saudi Arabia has signed a series of agreements, deals, and memoranda of understanding (MoUs) with government entities and private sector companies, totaling nearly SAR 30 billion, at the Real Estate Forum 2025.
According to Bahrain News Agency, the forum also marked the announcement of the Logistics City project in Khuzam Destination, a partnership involving NHC, CETC China Construction, and Alrawaf Contracting. This initiative aims to enhance the efficiency of supply chains in the real estate sector, strengthen the national economy, and support future real estate development projects.
To foster human resource development, NHC signed a MoU with the Saudi Media Academy to collaborate on training initiatives. This partnership includes providing specialized programs aimed at qualifying and developing the national workforce.
