He announced the launch of the sixth session of the Gulf Cooperation Council Award for Housing Work, by specifying the topic “Smart digital applications and technologies in residential projects and programmes,” and increasing the value of the award to 375 thousand Saudi riyals.
The Qatari capital, Doha, witnessed today An important meeting of the Committee of Ministers Those concerned with housing affairs in countries Cooperation Council For the Arab Gulf countries.
The meeting focused on discussing a number of vital and common files in the housing sector, with the aim of enhancing cooperation and coordination between the GCC countries in this vital field.
The meeting announced the launch of the sixth session of the award Cooperation Council For housing work under the title “Smart Digital Applications and Technologies in Residential Projects and Programs,” with the financial value of the award being raised to 375 thousand Saudi riyals instead of 100 thousand riyals.
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The meeting stressed the need for ministries and institutions concerned with housing affairs in member states to promote the new cycle of the award to expand the scope of participation.
During the meeting, the ministers reviewed the joint housing action plan for 2024, which included a set of decisions, guides and frameworks related to the housing sector.
نيابة عن معالي الأمين العام لـ #مجلس_التعاون .. الأمين المساعد للشؤون الاقتصادية والتنموية يشارك في الاجتماع الـ 22 لأصحاب المعالي والسعادة الوزراء المعنيين بشؤون الإسكان بدول مجلس التعاون.
https://t.co/oNLbeL77B5#مجلس_التعاون pic.twitter.com/SzTfQPe0ua
— مجلس التعاون (@GCCSG) May 16, 2024
Among these decisions, a real estate stimulus guide was approved that links landowners, developers, and financing agencies, in addition to a guide for evaluating cities’ flexibility in the field of housing in the GCC countries.
The economic framework for partnership with private institutions was also adopted with the aim of encouraging investment in the real estate sector.
He stressed the importance of continuing to engage in regional and international events and meetings related to the field of housing to shed light on Gulf housing efforts. The meeting nominated the United Arab Emirates for membership in the Executive Office of the Asia-Pacific Community, and for the presidency of the upcoming General Assembly of the United Nations Human Settlements Programme, “Habitat.” .
The meeting also pointed out the need to activate the mechanism for exchanging experts and specialists in the field of housing between the GCC countries.
The General Secretariat’s proposal was discussed regarding signing agreements with a number of specialized organizations that contribute to serving the housing sector, including the International Federation of Housing and Planning, the International Housing Association, and the International Federation of Housing Finance.
