Governor of state real estate in a meeting with the Asharqia Chamber
We are keen to maximize partnership with the private sector in the state's real estate system
Asharqia Chamber hosted on Monday 8 March 2021 His Excellency the Governor of the General Authority for State Real Estate Ihsan Bafqih. The meeting, which was held remotely and moderated by the Chairman of the Chamber, Abdul-Hakim bin Hamad Al-Ammar Al-Khaldi, included the participation of the Chairman of the Real Estate and Urban Development Committee in the Chamber, Eng. Hamid bin Hamri, and in the presence of several investors and businessmen in the region and those interested in economic and real estate issues.
At the outset of the meeting, His Excellency the Governor expressed his deep belief in the importance of cooperation and integration of roles between the State Real Estate Authority and all sectors, especially businessmen and chambers of commerce, to reach common goals within the framework of the plans and programs of the Kingdom's Vision 2030 in a way that contributes to promoting the economic development process by building strategic partnerships with the sector. Private and open promising investment opportunities
His Excellency said: “The authority works within the framework of initiatives aimed at stimulating and empowering the private sector, by activating the participation of the private sector in economic development in the state's real estate system.
His Excellency explained in detail the strategy of the authority, its roles and main tasks, reviewed the prospects for partnership with the private sector and the investment opportunities that the authority puts before it, and provided a detailed explanation of the work mechanisms of the committees to consider applications for real estate ownership, noting that they have made great strides in advancing the tasks set for them.
For this part, and in his comment on the overall activities of the authority, the Chairman of the Asharqia Chamber, Abdul Hakim bin Hamad Al-Ammar Al-Khaldi, said that since the General Authority for State Real Estate was established for more than two years as part of the benefits of diversification and the optimal use of the economic fundamentals, and we are witnessing a great development in the state's real estate system, whether in the operations of its use or Protecting them or investing them and optimally exploiting them, thus becoming, on the one hand, a source of income that provides public revenues for the state, and on the other hand, the engine of the investment movement in light of the many opportunities they offer to the private sector. All thanks and appreciation to the Commission and all those in charge of it, for their efforts in the way Optimal utilization of state real estate,
