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The second REDF Saudi Housing Finance Conference took place in Riyadh on Wednesday 6 March. The theme – growth, investment and technology – is crucial to the development of the Saudi housing market.
Housing is a basic need. As population grows, so must housing stock, or there will be instability. The conference discussed this growth challenge and how market participants can do their part to support it thorough keynote presentations from both the Minister of Housing, H.E. Mr Majed bin Abdullah bin Hamad Al-Hogail, and Mr Khalid Al Amoudi, Director General of the Real Estate Development Fund.
Investment and technology were the other two themes addressed. In order to meet the challenge of providing affordable housing to Saudi’s of all age, investment of time, capital and human energy is needed. These need to be invested in legislation, implementation capacity, construction, corporations, infrastructure, education, regulation and much more. It is only through technology that we will deliver these results. Panel discussions and keynote interviews discussed how these themes demand a unique approach to achieve what is needed in the Kingdom.
REDF and Euromoney Conferences were also pleased to showcase best practices from other countries including: an engaging keynote interview with Maren Kasper, Acting President, Executive Vice President and Chief Operations Officer of Ginnie Mae, United States of America; an informative presentation from Alexander Widegren, Chief Executive Officer and Founder of Enkla, Sweden; and Mehmet Fatih Kara, Chief Executive Officer and Board Member of MFK Associates, Turkey.
Thank you to our co-host, The Real Estate Development Fund, and all of our sponsors for their support at this year’s event. We look forward to seeing you all next year.
Presentations, photographs, and videos from the conference will be available shortly.
H.E. Mr Majed bin Abdullah bin Hamad Al-Hogail, Minister of Housing
- Presentation: Ministry of Housing
Mr Khalid Al Amoudi, Director General of the Real Estate Development Fund
- Presentation: Real Estate Development Fund
Alexander Widegren, Chief Executive Officer and Founder, Enkla
- Presentation: Universal Digital Mortgage Platform
Taimur Khan, Research Manager, Development Consultancy and Research, Knight Frank
- Presentation: Urban Futures: The importance of affordable living solutions
- Video: The Evolution of Riyadh
Mehmet Fatih Kara, Chief Executive Officer and Board Member, MFK Associates
- Presentation: Evolution of Public Housing in Turkey