Saudi developer Roshn said it has signed a co-operation agreement with the Eastern Province municipality for establishment of model residential districts in the region. The deal also covers the design and application of the urban code and infrastructure. 

 

Saudi real estate developer Roshn said it has signed a co-operation agreement with the Eastern Province municipality for the setting up of model residential districts in the region.

 

It is part of the Roshn’s commitment to creating urban communities throughout Saudi Arabia which feature pedestrian-friendly streets, green spaces, and retail facilities, as well as hospitals, medical centres, mosques, and sports facilities.

 

The MoU, which was inked in the presence of Minister of Municipal and Rural Affairs and Housing Majed Al Hogail, is in line with Roshn's strategy to expand the sector’s urban landscape as well as the quality of life.

 

As per the agreement, the duo will co-operate on establishing model residential districts, in addition to designing and applying the urban code, infrastructure, as well as building controls stimulated by the Eastern Province's urban legacy.

 

The deal also looks to signify suitable sites and include them into regional and local preparations in line with the Strategic Vision for Regions and Cities, it stated.

 

CEO David Grover said Roshn was working to develop urban concepts that represent the standards of quality of life and are compatible with the aspiration of Saudi society while depending on its trusted partners such as the Eastern Province Municipality.

 

"We are always proud to collaborate with government authorities to contribute to the improvement and growth of the Kingdom's urban landscape," he added.-TradeArabia News Service