Page 18 - Logic Consulting Report - September 2023

9/22/23, 10:06 AM Saudi Ministry of Municipal, Rural Affairs and Housing Signs MoU with LOGIC Consulting - Saudi Projects
SAUDI MINISTRY OF MUNICIPAL, RURAL AFFAIRS AND HOUSING
SIGNS MOU WITH LOGIC CONSULTING

The Saudi Arabia Ministry of Municipal, Rural Affairs and Housing has signed a Memorandum of

Understanding (MoU) with LOGIC Consulting, the leading company specializing in comprehensive
strategic consulting and governance services in the Middle East.

The announcement of the MoU was made in the presence of H.E. Eng. Abdullah bin Mohammed AlBudair, the
Deputy Minister of Municipal, Rural Affairs and Housing, during the Cityscape Global Exhibition, held in
Riyadh from 10-13 September 2023. The key objective of the MoU is to offer support and empowerment

services to uplift the capabilities of the real estate contractors and developers within the country and the Saudi
government’s Vision 2030.

The MoU was signed by the Saudi Arabia Ministry of Municipal, Rural Affairs and Housing, which was
represented by Abdul Rahman bin Abdullah Al-Taweel, the Undersecretary of the Ministry of Municipal, Rural
Affairs and Housing for the Agency for Stimulating Housing Supply and Real Estate Development, and Amr
Osman, the Chairman of LOGIC Consulting.

The partnership aligns with the Ministry’s relentless efforts to uplift the capabilities of the real estate
contractors and developers who work on projects overseen by the Ministry in Saudi Arabia. The commitment

comes in line with providing support and empowerment services to enhance the effectiveness of real estate
developers’ initiatives. Furthermore, it signifies the Ministry’s goal to raise the number of real estate
contractors by fostering their transformation into real estate developers.

Abdul Rahman bin Abdullah Al-Taweel highlighted that the cooperation agreement between both parties will

support real estate developers in the Kingdom. The partnership will pave the way to boost the efficiency and
performance of developers by providing a wide array of services that help enhance their capabilities and tools
to streamline their journey. As a result, this collaborative approach is poised to effectively address the
escalating demand for residential units among the Kingdom’s citizens. Al-Taweel underscored the pivotal role

that such partnerships with the private sector play in fostering top-tier and enduring initiatives aimed at
advancing the real estate industry, aligning with the aspirations of Saudi Vision 2030. Moreover, he highlighted

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