Sinoma Chengdu Design Institute Signs Housing Cooperation Agreement with Saudi National Housing Company
2026-06-26 10:14
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en.Wedoany.com Reported - During the Saudi-China Contractors Forum held in Shenzhen, the Saudi National Housing Company (NHC) and Sinoma Chengdu Building Materials Industrial Design and Research Institute Co., Ltd. (Sinoma-CDI) officially signed a strategic cooperation memorandum in June 2026. The two parties will engage in in-depth collaboration on real estate development, engineering construction, and localization of building materials technology. Saudi Minister of Municipal and Rural Affairs and Housing, Majid Al-Hogail, witnessed the signing, with NHC CEO Mohammed Al-Bati and Sinoma-CDI CEO Liu Xiaoning representing their respective parties.

Founded in 1953, Sinoma-CDI is one of China's first Class-A qualified design institutes in the building materials industry. It is a subsidiary of the Fortune Global 500 company China National Building Materials Group, possessing full-chain engineering capabilities from planning and equipment R&D to construction and operation. The Saudi National Housing Company (NHC), established in 2016, is Saudi Arabia's largest state-owned real estate developer, with 25 large-scale integrated districts across 17 Saudi cities. According to plans, NHC aims to deliver over 300,000 new homes cumulatively by the end of 2027 at the latest, with total investments exceeding SAR 250 billion (approximately USD 68 billion).

This signing marks a continuation of the deepening cooperation in housing infrastructure between China and Saudi Arabia. In October 2025, NHC signed collective agreements with multiple Chinese construction companies, launching a plan to deliver 100,000 cooperative housing units by 2030. By June 2026, the two sides reached six additional cooperation agreements totaling SAR 1.9 billion (approximately USD 507 million). To date, China and Saudi Arabia have finalized cooperative housing construction exceeding 37,000 units. The inclusion of Sinoma-CDI signifies that China-Saudi housing cooperation is advancing from project contracting to systematic co-building.

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