Signed a memorandum of understanding with "National Housing "during the Crown Prince visit to China.
The top ranked company in the world to build the residential "Marseah" project in Riyadh.
The "National Housing" Company has signed a Memorandum of Understanding (MoU) with China Construction State Engineering Chinese Corporate (shabna construction), the first-class international classifications of building and construction company in a number of countries around the world. During the visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Deputy Prime Minister and Minister of Defense of China, through this memorandum the construction and implementation of more than 5000 housing units of various designs and areas with a total value exceeded 2.5 billion riyals.
The MoU was signed on Friday, where the National Housing Company represented the CEO of the company, Eng. Mohammed Bin Saleh Al-Bati, and the Chinese Secretary of the China Construction Company, Mr. Liu Xinq. The two parties agreed to work together and harness their potential to end the stages of completion of the "marseah" project, in accordance with the scope of work and agreed timetables.
The "marseah" project is one of the largest residential projects in the Riyadh city. It is located on the Ministry of Housing territories in the northern part of the city and covers a total area of more than 2.7 million square meters, to provide 5,590 residential units ranging from apartments to townhouses. The project offers about 5018 townhouses with an area of 230 square meters, starting from 499.9 thousand riyals and a monthly premium of 1666 riyals. The project offers 572 apartments with competitive prices starting from 299,250 riyals and a monthly fee starting from 899 riyals. And the project is characterized by integrated infrastructure and public utilities.
The "marseah" project is a fully integrated residential complex that has been designed in a unique way. It includes an artificial valley in the project, as well as green spaces and public parks to ensure a modern residential environment that meets all the needs of its residents. Which also includes many commercial facilities and sites designated to government agencies
For his part, the CEO of the "National Housing Company", Engineer Mohammed Al-Bati said that the National Housing Company aspires through this project to provide high-quality units and a variety of designs in a modern environment with integrated facilities and services at suitable prices north of Riyadh, stressing that the infrastructure development in the project has And that the use of the project for modern construction technology will greatly help in the speed of delivery, and ensure high quality.
The Construction State Engineering Chinese Corporate (CSECC) is the world's number one company in the field of contracting and engineering in terms of the number and volume of its operations around the world. It has been named the first electro-mechanical contractor in the Middle East in 2018. Founded in Beijing in 1982, is engaged in the construction and implementation of housing and building construction contracts, infrastructure implementation, real estate and investment development, construction of energy and water projects, the construction and design of municipal and service facilities inside and outside China.
The company has more than 255,880 employees. One of the most remarkable achievements in project is the delivery of the highest tower in Beijing on schedule, in just two years, 528 meters long, 108 floors above the ground and 8 underground floors, As well as the famous Shenn Hing Square project in Shenzhen City. One of the most important works carried out by the company outside China is the renovation of the Alexander Hamilton Bridge in New York and the construction of the Great Mosque in Algiers