Saudi real estate developer Jabal Omar Development Company (JODC) has signed a memorandum of understanding (MoU) with Saudi Real Estate Institute (SREI) to provide training and employment opportunities for students.
The agreement was signed under the patronage of H E Maged Al Hogail, the Minister of Housing, by Yasser Bin Faisal Al Sharif, chief executive officer, JODC, and Mohammed Faisal Bin Muammar, general supervisor, SREI.
Muammar said that SREI's efforts are focussed on developing training programmes for real estate companies, as well as providing academic and professional support to the beneficiaries of these specialised jobs.
SREI was opened by the Ministry of Housing (MoH) in August this year as part of the country’s National Transformation Plan 2020.
According to its website, SREI will offer services such as "raising the educational level and qualifying the Saudi real estate market workforce; understanding the regulations and legislation of the Saudi real estate market; [and] developing and regulating the Saudi real estate market".
The organisation will also offer professional certifications and licenses authorised and approved by MoH and other academic partners.
SREI's website currently lists courses aimed at owners' association management, facility management, off-sales, and building inspection professionals.