Russia and Saudi Arabia exchange experience in construction
The Russian Ministry of Construction and the Saudi authorities discussed opportunities for cooperation in the construction sector. Deputy Minister Nikita Stasishin held a number of meetings with representatives of the kingdom’s investment organizations, the mayor of Riyadh, and also with His Royal Highness Prince Saud ibn Talal Al-Saud, during which they discussed the development of cooperation between the ministries of the two countries.
“The exchange of experience is very important for the comprehensive development of the construction industry. It is useful to see with your own eyes the work of colleagues from other countries, discuss how certain issues are resolved, and offer your competencies. We discussed with colleagues the conditions for attracting Russian organizations to projects in Saudi Arabia, the possibilities of sites and pilot cities for implementing joint projects using Russian technologies in the Kingdom, ”said Nikita Stasishin.
Also during the meeting, they touched on the development of housing mortgage lending and providing the population with affordable housing.
Source: Ministry of Construction