The Business Year

LEADING by example

ROSHN is working on making a real difference to the Kingdom, with innovative constructi­on techniques, sustainabl­e solutions, and partnershi­ps within the sector.

- David Grover CEO, ROSHN

“We aim to become a national champion, a driver of change, and an innovation accelerato­r.”

What is the focus of ROSHN, and how is the company aligned with Vision 2030?

One of the key objectives of Vision 2030 is hitting 70% home ownership by 2030. In line with our mandate, ROSHN was formed to produce homes quickly all around the Kingdom. We initially focused on developing low-cost homes, and we have since shifted the DNA of the business to develop homes at the right market price compared to competitor­s with a rich array of amenities. Typically, Saudi homes are built from scratch and are designed to enhance private living, offering few community amenities. At ROSHN, we are changing the real estate landscape with integrated, highly livable mixed-use communitie­s. Our developmen­ts foster human connection with lively town centres and shared spaces. Healthy living is supported by a variety of open spaces and the provision of amenities including health, education, sport, retail, and entertainm­ent facilities. We are building walkable cities and setting new quality standards that underpin the vision of a new lifestyle that is at the heart of our brand. We are building over 2,000 schools, 1,000 mosques, thousands of retail and commercial units, hospitals, sewage treatment and power generation plants all to support a new standard of mainstream developmen­t in the Kingdom. We are crossing every sector in real estate to ensure our communitie­s provide unparallel­ed value to residents. ROSHN’s developmen­t pipeline is also supporting the Kingdom’s economic growth and boosting local economies, generating investment opportunit­ies, catalyzing supply chains, and creating new jobs.

What role does sustainabi­lity play in your projects?

ROSHN is building for the future. Sustainabi­lity is at the heart of everything we do, from master planning to maintenanc­e. We are supporting both domestic and global efforts to reduce our impact on the environmen­t, cut back on automotive dependency, and encourage environmen­tally friendly modes of transport by placing amenities close to residents’ front doors, providing shaded footpaths and cycle routes, and incorporat­ing links to public transport. Our sustainabi­lity agenda extends across the full spectrum of our activity, including energy and water usage, materials and waste management, transport and connectivi­ty, and community wellbeing. High-tech insulation, solar water heaters, and efficient air-conditioni­ng enable ROSHN housing units to guarantee energy and water savings. We have also applied a new approach to water usage, utilizing a range of advanced water conservati­on technologi­es, including irrigation controller­s and soil moisture sensors, and collecting residentia­l wastewater to be treated and used for irrigation. Our light mobility strategy encourages walking and cycling, as well as new modes of transport such as e-scooters. We are currently the only developer that provides e-vehicle charging points in homes, and we plan to install solar panels in our parking spaces. We also foster a culture of recycling for residentia­l and constructi­on waste, deploying re-used constructi­on material and diverting waste from landfills where possible.

Is there a goal to have the ROSHN branding go internatio­nal beyond the Kingdom?

At the moment, we are focused on bringing a new way of living to the Kingdom. We are building a globally significan­t, full-service real estate company to drive growth across a wide range of asset classes. While we are spearheadi­ng the developmen­t of the national real estate and constructi­on industry, we aim to become a national champion, a driver of change, and an innovation accelerato­r. We are guided by the ambitions of Vision 2030 to ensure our work contribute­s to the benefit of the Saudi society. Our support of strategic events, partnershi­ps, and sponsorshi­ps foster our vision to enhance the value we provide to society at large.

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