Page 22 - Logic Consulting Report - September 2023

9/22/23, 10:06 AM Saudi deal with Logic Consulting to boost real estate sector
Mostafa El Ghorab, KSA Country Manager at Logic Consulting, stated that in order to provide the ministry with top-
notch consulting services, the company plans to draw on its 25 years of expertise in the region offering consulting
services across a variety of industries, including both government sector and private enterprises in the Mena region.
The objective is to establish the company as a reliable and authoritative source for consultations and tailored solutions
aimed at enhancing the long-term sustainability of clients' enterprises.

The ministry has successfully provided 180,000 housing units within a relatively short timeframe. The ambitious goal
of the Ministry is to increase the number of homeowners to 65% by 2025 and 70% by 2030. It aligns with the
objectives of Saudi Vision 2030. By placing an emphasis on the housing programme, the country created a dedicated
programme to bolster real estate developers, coupled with formal agreements designed to effectively manage price
fluctuations within acceptable inflationary parameters.-- TradeArabia News Service

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