🇸🇦 SAUDI ARABIA PLANS 300,000 NEW HOMES IN RIYADH
Saudi Arabia announced plans to deliver 300,000 new residential units in Riyadh over the next three years, accelerating housing supply as the kingdom pushes urban expansion under Vision 2030.
The move supports population growth, affordability goals, and large-scale infrastructure development, while creating sustained demand for construction, materials, financing, and labor. For investors, it signals continued government-backed spending and long-term confidence in Riyadh’s economic growth.
📰 Source: Saudi government / regional policy announcements