Page 39 - Logic Consulting Report - September 2023

9/22/23, 10:09 AM SNG: Saudi deal with Logic Consulting to boost real estate sector — TradingView News India
Al-Taweel said the partnership will pave way to improve the efficiency and

performance of developers by providing a wide array of services which helps

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 that collaborating with distinguished consulting

firms with administrative expertise, like Logic Consulting, will lead to the
development of highly effective strategies for transforming real estate

developers within the kingdom.

This, in turn, will guarantee the sustained viability of the ministry's support

services provided to real estate developers, thereby stimulating housing

supply and elevating the overall performance of the real estate development

market.

Top-notch consulting

Osman said that the timing of this MoU is significant, particularly given that

the company is commemorating its 25th anniversary since its establishment
in 1998.

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

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