Saudi Arabia is enhancing real estate and infrastructure in Asir and Makkah to meet rising demand and improve quality of life. Mayors Abdullah Al-Jali and Musad Al-Daood presented their strategies at the Real Estate Future Forum, focusing on tourism, investment attraction, and urban aesthetics amidst significant challenges.
In response to rising demand and to enhance living standards, Saudi Arabia is intensifying its efforts in real estate and infrastructure development, particularly in regions like Asir and Makkah. These initiatives are part of the Vision 2030 framework, aiming to boost tourism, draw investments, and elevate the quality of life for both residents and visitors.
During a panel discussion at the Real Estate Future Forum in Riyadh, Abdullah Al-Jali, the Mayor of the Asir region, and Musad Al-Daood, the Mayor of Makkah, shared their municipalities’ proactive strategies. Al-Jali highlighted a discrepancy in the real estate market, stating that while 90% is concentrated in major cities, only 10% exists in the remaining regions, pointing to significant opportunities in the Asir region due to increased tourism demand.
Al-Jali noted, “What we are witnessing today is a growing opportunity driven by the increasing demand for tourism in the Asir region.” He stressed the importance of attracting more investments to keep pace with this rising demand. The municipality is taking on crucial roles in facilitating infrastructure development by providing necessary approvals and overseeing construction projects.
Furthermore, Al-Jali urged potential investors to consider Asir, offering their support through various real estate ventures. He mentioned upcoming mixed-use projects and housing developments catering to both local and international buyers seeking summer homes.
Challenges such as waste management and urban aesthetics were also addressed, with Al-Jali calling for collective efforts to enhance public spaces, saying, “Managing visual distortion is not an easy objective to achieve.”
In Makkah, Mayor Al-Daood underscored the city’s distinctive challenges given its role as a religious hub for millions of pilgrims. He stated, “We are focused on developing the infrastructure of Holy Makkah and equipping the city with the necessary facilities to support its unique religious significance.”
The mayor shared directives from the Crown Prince aimed at improving urban cleanliness and combating visual distortion in Makkah. With 1.5 million pilgrims during peak seasons, planning efforts are vital to manage the influx of visitors effectively.
Al-Daood also acknowledged Makkah’s two million residents, stressing the need for investments in health and entertainment infrastructure. He concluded, “Yes, Makkah has a strong religious identity, but that does not mean our citizens do not deserve a great quality of life.”
The article discusses the ongoing initiatives in Saudi Arabia to enhance real estate and infrastructure development in response to increasing demand, particularly in regions like Asir and Makkah. This is contextualized within the framework of Vision 2030, which aims to improve living standards, attract tourism and investments, and ensure high-quality infrastructure and services for both residents and visitors.
In conclusion, Saudi Arabia is taking significant steps to revitalize its real estate and infrastructure landscape, particularly in the Asir and Makkah regions, to meet rising demand and improve quality of life. Both local mayors have expressed their commitment to enhancing their municipalities through strategic investments and development plans that cater to the growing tourism and residential needs while maintaining high standards of living.
Original Source: www.arabnews.pk
