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Saudi’s State Properties General Authority (SPGA) issued 324 million sq m of land to 24 government agencies to meet real estate needs

Posted on February 21, 2022   |  

  • SPGA allocated more than 324 million square meters of land to 24 government agencies in 2021 while issuing 64 decisions to meet their real estate demands.
  • The government agencies that profited from the award include the Ministries of Education, Health, Environment, Water and Agriculture, Culture, Sports, Energy, Human Resources and Social Development, Justice, Interior, National Guard, Commerce, and Communications and Information Technology.
  • The authority aims to protect the Kingdom's real estate and grow its production and economic efficiency via creative solutions and took 19 initiatives, which include inventorying and reporting state real estate assets, providing headquarters for the government system in association with the private sector, and providing new financial solutions.