News

Saudi Aramco reviews its experience in the field of sustainable development in the real estate sector

Aya Hussain

Saudi Aramco participated in the activities of the Future Real Estate Forum in its edition The second is under the title “Sustainable Development and Advancement of the Real Estate Sector” in Riyadh.
6382 The Executive Vice President for Resources explained Human and support services in Saudi Aramco, Nabil bin Abdullah Al-Jamea, during his participation in a dialogue session in the field of sustainable development in the real estate sector. Saudi Arabia, and the “Ajyal Model Project” represents a practical and prominent embodiment of the company’s interest and commitment to meeting the highest standards and requirements of sustainable development, which made it the first project to win the Envision International Award for Sustainability.”

2023

He indicated that, in the framework of cooperation with the Eastern Province Municipality, Eng Understanding sustainable development in the Ajyal model project and attracting investment contracts with the private sector to establish multiple activity facilities, such as entertainment, malls, shops, central markets, educational facilities, and support services. The project has an integrated infrastructure and international specifications that are characterized by technologies that rationalize water consumption in irrigating plants and for indoor use.
6382 He added, “The project is distinguished by its alignment with the Quality of Life Program, which is one of the ambitious national vision programs, as the residential neighborhoods of Ajyal contain many green spaces. Neighborhoods have been provided with walking paths in public parks, and ease of movement in the neighborhood, which enhances the quality of life that modern cities seek to achieve.

Al-Jamea reviewed the King Salman Energy City project “Spark” as another success model, in which the company was fully committed to environmental, social and corporate governance standards in all its operations, and made sustainability an integral part of its identity, and thus was able to attract more From 40 one of the largest companies in the field of energy and technology. In the coming years, total direct investment in the city is expected to exceed $3 billion.