State Property Department’s revamp to boost performance, says Al-Jadaan

05/09/2018 Argaam

 

Saudi finance minister, Mohammed Al-Jadaan, said that converting the State Property Department into a public authority will help boost its performance.

 

The Saudi cabinet approved yesterday converting the State Property Department into a general authority, to be named State Real Estate Authority.

 

The new entity would be in charge of the state properties and would define the best investment opportunities, lay out policies and develop a related data base, in line with Saudi Vision 2030.

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