Saad adds that the meeting explores a series of questions and inquiries related to the decree and the impact thereof on the initiatives of the private sectors of industries, agriculture, and contracting.
The event is attended by Malak El Ashiry, CO-Founder and Managing Director of BiznEx Holding, Hala El-Said, Minister of Planning and Economic Development, Ali El-Moselhi, Minister of Supply and Internal Trade, Nevine Gamea, CEO of Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Ibrahim Ashmawy, Chairman of Egyptian Mercantile Exchange (EMX) and Internal Trade Development Authority (ITDA), and other key officials and executives.
She notes that the World Bank supported the completion of 612,000 housing units since 2014, adding that around 250,000 units are under construction through the SHMFF.
Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, notes that the initiative aims to build eco-friendly residential units for low-income citizens, referring to the challenges facing the initiative amid rising building costs.
Hassan El-Far, Chairman of DHCU, says that the contract includes three stages, the first of which comprises management, operation, and maintenance of the project’s first phase, which has the capacity to treat 1.5 mn cubic meters of wastewater daily.
Al-Mansi reveals that the company is poised to expand in the Egyptian market in the coming period and inject huge investments into multi-use projects, including shopping malls, as well as administrative, medical, and educational projects , in addition to its strategy for expansion in NAC.
Infinity Tower, one of Egypt’s tallest skyscrapers, is set to be completed in three phases by the end of 2024 with a total investment of EGP 2.5 bn.
Tarek Eid, a board member at El Riyad Castle Group, reveals that Valore El Thawra is a residential, hotel, administrative, and commercial project located on Main Thawra street near City Center Almaza.