Creation of the NHC, National Housing Company of Saudi Arabia
Context & objectives:
Saudi Arabia faces multiple housing challenges for its population. Indeed, the gap between housing supply and demand is estimated at nearly one million. The State has taken up this issue and is now seeking to unlock the immense potential of the real estate sector. In this context, the Ministry of Housing is considering the creation of a real estate investment fund, NHC, under its supervision (the National Housing Company). The objective of this entity will be to:
Objectives :the creation of the NHC presents various issues related to the organization's vision, mandate, objectives and governance. but also, its ability to assess the real estate sector at a national level.