Our wise leadership reaffirms its keenness to create a sustainable environment driven by the Saudi Vision 2030. We at the National Housing Company (NHC) perceive the national roles played by the various organizations and sectors as we act towards achieving the Saudi Vision Objectives through the housing program by increasing the housing supply to meet the needs and aspirations of Saudi families following the highest standards that lead to the highest levels of quality of life.
Through our five-year journey, we strived to enrich the real estate market with significant projects that cover large areas and make a change within Saudi society by providing quality options and building life systems by building integrated communities that include meeting the needs of Saudi families and offer them an ideal model for modern housing, as we seek to expand our business to cover all regions of the Kingdom, and to achieve our goal of increasing the real estate supply.
We at National Housing Company NHC, reaffirm our commitment to further improve the real estate sector as a leading sector that contributes to the development of the national economy, diversifying sources of income and supporting local content by constantly empowering the private sector to enhance the capabilities of real estate developers and service providers and provide investment options for owners, by improving the business environment, overcoming penalties and emphasizing the importance of partnerships.
National Housing Company NHC not only developed suburbs and communities but also launched several supportive initiatives to enhance the Kingdom's economic transformation goals to bring growth and become the largest worldwide and a source of prosperity for the country and its citizens. The initiatives aimed to support local content by transforming the private sector to develop Real estate, qualifying and developing promising national capabilities, localizing industry in the real estate sector to support national industries in the areas of construction and building, empowering small and medium enterprises, in addition to enhancing public financial sustainability and developing the non-oil domestic product.

We will advance and forge ahead in developing the real estate sector, contributing to the development and achieving prosperity within the Saudi economy. Our leadership's unprecedented and visionary support has achieved a comprehensive urban renaissance through real estate projects and housing complexes. We will harness our capabilities to contribute to achieving the goals of the Housing Program, one of Saudi Vision 2030 Realization Programs that aim to increase the number of homeownership for Saudi families by up to 70%, looking forward to building a brighter future.