Business & Money | Friday 17 April, 2015 12:56 pm |

The Housing Ministry has announced that it will construct 25,500 additional housing units in various cities across the Kingdom with the aim of easing the acute housing shortage.

The ministry revealed that it has now completed the marketing for all of the apartments that are part of housing project located to the northwest of King Khaled International Airport in Riyadh. Buyers have been given the freedom of selecting the developers, builders, and the models of their houses, a statement from the ministry said on Saturday.

The statement added that work on another housing development project that involves 14,500 residential apartments in Madinah, Jeddah, Dammam and Qatif is already under way.

The ministry encouraged local developers to collaborate with multinational companies that maintain good reputations to make contract bids for the development of the housing projects in the coming months.