{"id":11885,"date":"2026-07-03T01:16:07","date_gmt":"2026-07-02T22:16:07","guid":{"rendered":"https:\/\/scbcouncil.com\/?p=11885"},"modified":"2026-07-03T01:16:10","modified_gmt":"2026-07-02T22:16:10","slug":"saudi-arabia-signs-six-agreements-with-china-and-awards-sar-1-9-billion-in-housing-projects","status":"publish","type":"post","link":"https:\/\/scbcouncil.com\/en\/saudi-arabia-signs-six-agreements-with-china-and-awards-sar-1-9-billion-in-housing-projects\/","title":{"rendered":"Saudi Arabia Signs Six Agreements with China and Awards SAR 1.9 Billion in Housing Projects"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Saudi Arabia signed six agreements and memoranda of understanding with Chinese entities during the Saudi\u2013Chinese Contractors Forum in Shenzhen and awarded housing projects worth more than SAR 1.9 billion in Riyadh and Dammam. The contracts were awarded to China State Construction Engineering Corporation (CSCEC) and China Construction Architectural Engineering Co., Ltd. (CCAEC) to build 2,010 housing units in Riyadh and 2,426 housing units in Dammam.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the National Housing Company (NHC) of Saudi Arabia signed a memorandum of understanding with Sinoma, while PowerChina, China Railway Construction Corporation (CRCC), and China Development Bank (CDB) participated in broader cooperation initiatives aimed at strengthening investment, construction technology, supply chains, and housing development between the two countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia signed six agreements and memoranda of understanding with Chinese entities during the Saudi\u2013Chinese Contractors Forum in Shenzhen and awarded housing projects worth more than SAR 1.9 billion in Riyadh and Dammam. The contracts were awarded to China State Construction Engineering Corporation (CSCEC) and China Construction Architectural Engineering Co., Ltd. (CCAEC) to build 2,010 [&hellip;]<\/p>\n","protected":false},"author":1154,"featured_media":11886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-11885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudi Arabia Signs Six Agreements with China and Awards SAR 1.9 Billion in Housing Projects - SCBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scbcouncil.com\/en\/saudi-arabia-signs-six-agreements-with-china-and-awards-sar-1-9-billion-in-housing-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia Signs Six Agreements with China and Awards SAR 1.9 Billion in Housing Projects - SCBC\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia signed six agreements and memoranda of understanding with Chinese entities during the Saudi\u2013Chinese Contractors Forum in Shenzhen and awarded housing projects worth more than SAR 1.9 billion in Riyadh and Dammam. The contracts were awarded to China State Construction Engineering Corporation (CSCEC) and China Construction Architectural Engineering Co., Ltd. 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