19 million square meters of white land in Medina has entered development or circulation
Revealed White landsand vacant real estate in stimulating urban development and raising the efficiency of land use within urban areas, keeping pace with the urban growth witnessed by the region.
White lands
The Ministry explained that the registered areas included 12 million square meters of land that had been completed developed, two million square meters of white lands that entered circulation, in addition to 5 million square meters of land that is still under development, in a way that enhances the benefit of unexploited lands and supports an increase in supply. Urban and residential areas in the Medina.
It indicated that the revenues from white land fees contributed to supporting 9 development and residential projects in the Medina region, which enhances the efficiency of infrastructure and municipal services, and supports the implementation of qualitative projects that contribute to improving the quality of life, and meeting the needs of population and urban growth in the region.
The Ministry stressed that these results come as an extension of the ongoing efforts aimed at achieving the goals of regulating the real estate market and stimulating development within cities, which contributes to enhancing balance. between supply and demand, raising the efficiency of land investment, and increasing the supply of urban and residential products.
She pointed out that the white land and vacant real estate fees program continues its role in stimulating development by applying fees to lands located within the geographical areas specified by the system, in addition to providing statutory deadlines for taxpayers who are serious about developing their lands in accordance with specific technical controls, which contributes to accelerating the pace of development, and transforming white lands into effective urban projects and products that support economic growth. And Al-Omrani.
Etmam supports landowners
She added that the Real Estate Developers Services Center "completion" It continues to provide support to owners of white lands through an integrated digital system that includes more than 35 services covering various stages of development, and provides clear and easy paths for completing licenses, approvals and coordination with relevant authorities, which contributes to accelerating the implementation of projects and raising the efficiency of land development within the urban areas.
The results of the Medina region are an extension of what the program has achieved in a number of regions of the Kingdom, while the Ministry previously announced that about 71 million square meters of white lands in the Riyadh region have entered development or circulation, It included 29 million square meters developed, 20 million square meters entered into circulation, and 21 million square meters under development, in addition to supporting 27 projects from fee revenues.
The total in the Eastern Region amounted to about 146 million square metres, including 49 million square meters developed, 61 million square meters entered into circulation, and 36 million square meters under development, with support for 16 development and urban projects.
The total in the region also reached Makkah Al-Mukarramah covers about 28 million square metres, including 13 million square meters developed, 9 million square meters entered into circulation, and 5 million square meters under development, in addition to supporting 14 development and residential projects, within the framework of efforts aimed at raising the efficiency of land use, stimulating urban development, and increasing the real estate and residential supply in various regions.
The Ministry stressed that the integration between applying fees and enabling owners to benefit from development services contributes to promoting sustainable urban development, Raising the efficiency of land investment and achieving the goals of Saudi Vision 2030, which aims to build more organized and sustainable cities.
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