Saudi builds 116 villas near Riyadh

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Saudi Arabia has launched a project to build 116 villas near the capital Riyadh within an ongoing programme to let most citizens own houses.

In a statement carried on its website on Monday, the Housing Ministry said the project is located in the central Kharj province and has an area of around 39,000 square metres.

"These units are now under construction and citizens can buy on the map which became available on the Ministry's website last week," the statement said without mentioning the project developer or date of completion.

The project is part of a massive housing programme launched by the Ministry a few years ago in partnership with the private sector with the aim of expanding citizens' house ownership to nearly two thirds at the end of the Gulf Kingdom's Vision 2030.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

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