25Jul2003 Second phase of housing project for the poor

Jeddah, 25th July 2003

Prince Al-Waleed bin Talal, Chairman of the Kingdom Holding Company, has renewed his commitment to construct 1,000 residential units annually for the forthcoming ten years, as part of a philanthropic housing project in Asir Region.

Prince Al-Waleed attended the launch of the second phase of the project with the Governor of Asir, Prince Khaled Al-Faisal, according to a report published today by Arab News.

Prince Al-Waleed, who announced the project six months ago, said that he was visiting Asir to sign contracts for the construction of 200 units in two rural areas.

Source: SPA

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