AGOC Home Ownership Program finances homes for our employees, helping create healthy, safe and vibrant communities in Khafji.
AGOC has a well established Home Ownership Program (HOP) having constructed a fully serviced subdivision in the Al Khaleej (HRH Prince Fahad Bin Salman) area of Al Khafji . The HOP is for the benefit of eligible employees and the purpose of the program is to encourage the Company’s Saudi employees to own a house for their family and help expand the Khafji community.
The first phase of the subdivision was completed in 2005, with 236 lots. There are four neighborhoods with a total of 816 lots over an area of approximately 148 hectares (1.48 square kilometers) and the development includes community gardens, play grounds and a Grand Mosque. AGOC have also built six schools and a kindergarten (boys’ and girls’, primary, intermediate and high schools) for the project, with a capacity for 1400 students and 240 Kindergarten children. These were handed over to the Directorates of Education for the Eastern Province during 2007. During 2009, a Commercial Center accommodating a supermarket and shopping mall were completed, as was an electrical substation, to fully serve the needs of the community. The Second phase of the subdivsion was also completed in 2012 with 156 lots speard of (170,000 Square Meter)
Currently, AGOC is engaged in the development of infrastructure in neighborhood - 4 of the homeownership area. This project commenced in 2010 and is planned to be completed in the last quarter of 2011. The project scope includes the development of 156 housing lots, a local park and reserved lots for a local mosque and shops.