Headed by H.E. the Minister of Commerce and Investment
H.E. the Minister of Commerce and Investment, Dr. Majid bin Abdullah Al Qasabi, chaired on Thursday, 30.03.1438 H, the 14th meeting of the Board of Directors of the Saudi Commission for Accredited Evaluators, the board discussed the performance report of the said Commission, a video was displayed showing the accomplished projects, serving various assessment professions during 2016.
The Board also discussed the work plan of the said Commission for 2017 AD, as well as its initiatives that keep pace with the Kingdom's Vision 2030 AD, and which contribute in fulfilling such vision. The plan includes twenty projects for developing and organizing the profession of assessment, and for upgrading the evaluators’ job, besides increasing the community awareness towards this profession. All that would contribute to the promotion of transparency in the Saudi market and would make it more professional.
The Board also reviewed the Commission's role in the rehabilitation process of evaluators, as well as its training courses, which numbered (76) Seventy-six training courses during 2016, attended by (2493) trainees from (13) different cities of the Kingdom, in addition to the training program for (35) trainers, held by the said Commission in collaboration with the Malaysian Institute of Anspen, which would last until the end of the next year.
The Board has hailed the signing of the said Commission of four cooperation agreements with the Council of the International Valuation Standards for Translating and Training of International Evaluation Criteria in 2017 in the Arab world, and with the Technical and Vocational Training Corporation to cooperate in the field of implementing training programs for vehicles evaluation, also with Malaysian Council of Evaluators to develop and localize the training curriculum for the rehabilitation of the machinery and equipment evaluators , as well as the agreement with the Ministry of Housing to prepare a guidance study of the land prices in the cities of (Riyadh, Jeddah, Dammam, Al Khobar, Dhahran), this is relevant to the system of imposing charges on vacant land.
Meanwhile, the Board also was briefed about the Commission’s issuance of six books explaining the International Assessment Criteria 2013. These books aim to localize knowledge, enrich the Arabic content of the assessment career, help those specialized and interested in this field by enhancing their understanding and knowledge, besides raising awareness of the assessment profession within the community.
In addition, the Board appreciated the evaluators number to reach (1004), in the field of real estate assessment in the Kingdom.
It is worth mentioning that during 2017 AD, it is scheduled for the said Commission to provide fifty training courses for the rehabilitation of auto accidents evaluators, in addition to issuing the terms and licensing requirements for the Assessment Centers of Auto Accidents. Meanwhile, the said Commission would proceed in providing assessment training courses for real estate and economic institutions.