Saudi Gazette reported that General Organization for Pensions has given the go ahead for state of the art housing projects in Riyadh, Jeddah and Dammam.

Mr Muhammad Al Kharashi, organization's governor made the announcement at a press conference, where he also revealed that a housing project in Jizan is being studied. The projects schedules and budgets have already been approved. However, further programming, management and coordination are needed to prevent any problems occurring.

Mr Al Kharashi said electricity, sewage and water authorities are working closely to ensure there are no problems in the services and public utilities.

The announcement was made during a tour by Dr Shuwaish Al Duwaihi, Minister of Housing and Mr Yahya Al Kasbi, his Jordanian counterpart to King Abdullah Financial Center Project.

Mr Al Kharashi said work on the 50% of the center's project has been completed. He added that "All that is left is the finishing, which is expected to be completed by the end of this year."

Mr Al Dhuwaihi expressed pride for the high standards of the projects. He said Al Kasbi chose to visit this big edifice due to its importance to the economy in the region and in attracting investments.

(Sourced from www.saudigazette.com.sa)