Saudi, Chinese companies sign 6 MoUs to enhance cooperation in vital sectors SHENZHEN — Saudi Minister of Municipalities and Housing Majid Al-Hogail inaugurated the Saudi-Chinese Contractors Forum in Shenzhen, China on Sunday. Al-Hogail oversaw the signing of six agreements and memoranda of understanding between Saudi and Chinese companies. He also witnessed the awarding of new housing projects in Riyadh and Dammam, with a total value exceeding SR1.9 billion as part of efforts to strengthen the Saudi-Chinese partnership in the housing and construction sectors. The forum forms part of his official visit to China from June 13 to 16, aimed at strengthening strategic partnerships across the housing, construction, infrastructure, and smart technologies sectors, while opening new avenues for cooperation and investment between the two countries. The forum is one component of Al-Hogails’ broader ministerial visit, which includes a series of meetings with government entities and international companies specializing in urban development, housing, smart city technologies, and digital transformation. The discussions also focus on opportunities for technology transfer, localization of construction-related industries, and the follow-up of joint partnerships and initiatives that contribute to the objectives of the Kingdom's Vision 2030. The forum reflects the continued expansion of economic and investment cooperation between Saudi Arabia and China, supported by strong strategic relations and their growing collaboration across infrastructure, technology, industry, supply chains, and urban development. In his address at the forum, Al-Hogail stated that the forum reflects the advancement of Saudi-Chinese relations and their progression toward deeper levels of partnership and integration. He noted that the Kingdom is rapidly advancing the development of the construction and housing sector by attracting global expertise, localizing modern technologies, strengthening local content, and building national capabilities. The forum saw broad participation from government entities and leading companies from both Saudi Arabia and China. Participants explored opportunities for