Riyadh-Mubasher: The Saudi government plans to establish a public fund to invest in the housing sector, through forming partnerships with the private sector and Public Investment Fund, Al-Watan newspaper reported.
The fund will carry out infrastructure projects to boost supplies.
The kingdom also seeks to launch a national saving programme that will help more Saudi families secure the necessary financing to own houses.
In addition, the government aims to offer more residential units at affordable prices. It will offer nearly 100,000 units in 2016, and around 30,000 units starting from 2020.
