Riyadh: The Makkah Chamber has signed a strategic partnership agreement with the 2025 Saudi Expo Real Estate Development and Ownership (SEREDO), aiming to support the real estate sector and enhance investment and development opportunities in line with Saudi Vision 2030 goals. The collaboration is set to play a significant role in shaping the future of real estate within the region, providing a platform for stakeholders to align with national goals.

According to Saudi Press Agency, the chamber stated that this partnership is a practical step toward boosting market competitiveness, providing innovative real estate solutions, and opening new avenues for cooperation with various relevant entities. The agreement is expected to facilitate significant interactions and engagements between investors, developers, and governmental bodies, thereby creating a conducive environment for real estate advancement.

The initiative aligns with Saudi Vision 2030, which seeks to diversify the economy and reduce its dependency on oil. By focusing on the real estate sector, the Makkah Chamber and SEREDO aim to attract both local and international investments, fostering a dynamic and sustainable real estate market in Saudi Arabia.