New Delhi, May 30 -- The Ministry of Housing, represented by the Development Housing Initiative, signed an agreement with Katerra, a leading design and technology driven global construction company, to build 4101 individual homes across the Kingdom. The new construction will provide housing units for the beneficiaries of the Development Housing Initiative in line with the Kingdom's objectives. The signing ceremony was held under the patronage and presence of His Excellency, Minister of Housing, Mr. Majed Bin Abdullah Al-Hogail, and Ziyad Al Ashaikh, Partner Head of Softbank SBIA, Saudi Arabia and was signed by Ash Bhardwaj, President Asia and Middle East, Katerra.

Backed by Soft Bank's Vision Fund, Katerra makes its foray in the Saudi mark...