Key Challenges to Implementing the Master Development Delivery Model in Saudi ArabiaThere are 3 key technical challenges to implementing the Master Development Delivery model unique to the Saudi market which would need to be addressed in order to successfully adapt the model and execute the model across the Kingdom:
- Coordination with municipality and government ministries
- Issuance of the land title deed and development control
- Lack of a Real Estate Regulatory Agency
These technical challenges would need to be initially addressed at a national level and from a policy perspective. After a baseline is established by the central government, local municipalities would then require a series of initiatives based on local market realities in order to activate the master development delivery model.