Speaking at the UK-Saudi Business, Trade and Partnership Forum in London, ROSHN Group CEO David Grover said that Saudi Arabia’s combination of massive investment and building-friendly planning rules makes it one of the world’s most vibrant real estate and construction markets.
“Saudi Arabia is embarking on a massive home-building journey with the goal that 70% of Saudis will own their own homes by 2030. This is made possible by the Saudi Government’s incredible support for the real estate sector.”
ROSHN proposes to spend tens of billions of dollars with the support of the Public Investment Fund (PIF) to develop integrated communities that will house more than 2.2 million people by 2030.
“Our vision for ROSHN is to transform the way people live, work, and play throughout Saudi Arabia”
“Our vision for ROSHN is to transform the way people live, work, and play throughout Saudi Arabia while maintaining and promoting the cultural identity of the nation,” Grover continued. “We’re seeking partnerships across a vast range of activity, from design and construction to IT, operations and maintenance, and security. There are huge opportunities for UK companies and talented individuals in the sector.”