Beijing, October (پاکستان پوائنٹ نیوز 18 اكتوبر 2025ء) The visit included bilateral meetings with the leadership of PowerChina, MCC, and CMEC, in which both sides explored cooperation in industrialized construction and modern building technologies to accelerate delivery and enhance the efficiency of housing projects. Progress on ongoing projects was also reviewed, including the completion of 1,184 units with MCC and 1,824 units with Power China and Sinohydro, while encouraging both companies to join the partnership program for an additional 20,000 units.
The minister also met with executives from the China Construction Seventh Engineering Division Corp, CITIC Group, and CACC to discuss expanding partnerships in urban development and EPC+F models that integrate financing with implementation. Two framework agreements were signed to deliver more than 24,000 housing units, along with strategic agreements to support the supply chain and the construction-industry ecosystem localization through NHC's SupplyPro digital platform. These efforts aim to strengthen and develop industrial localization, secure supply chains, and reduce construction costs.
Among the signed deals was a framework agreement with the China Construction Seventh Engineering Division to build 20,000 housing units worth SAR8.7 billion, marking the fifth joint project between the two sides. The second project was awarded to CACC, which was also invited to participate in the 20,000-unit program.
CMEC and CITIC Group held further discussions to deepen their involvement in the program and advance the localization of building materials and technologies supply chains.
The minister affirmed that implementing over 24,000 units represents a key outcome of the visit, describing it as a major step forward in Saudi-Chinese cooperation, moving from technical collaboration to the actual construction and execution stage.
He added that this initiative supports the objectives of the Housing Program — one of Saudi Vision 2030's programs — to raise home ownership to 70 percent by 2030, promote real-estate sustainability, and generate new investment and industrial opportunities that bolster local content and create quality jobs. He emphasized that, with the backing of the Saudi leadership, the ministry continues to expand international partnerships through NHC to speed up construction, improve project quality, and connect development with advanced financing models and reliable supply chains.
The minister concluded that the visit to China marked a significant milestone in enhancing cooperation in housing and smart-city development, keeping pace with Saudi cities' rapid urban growth under Saudi Vision 2030.
