RIYADH — Minister of Housing Majid Al Hogail said the ministry plans to serve 300,000 Saudi families in 2020, during the Kingdom’s Budget 2020 Forum here on Tuesday.

The ministry also intends to provide up to 100,000 new residential units worth SR65 million in the coming year in partnerships with real estate developers.

Providing over 90,000 new free plots of land through developing 72 schemes with a value of SR 5.2 billion is also one of the main targets of the ministry for 2020, Al Hogail added.

He also noted that developing an effective partnership with the private sector has supported the supply of 125,000 under construction units in 70 projects worth SR 62 billion in 2019. — SG