New Aswan City to Offer 1,400 Acres in Public Land Tender

Thursday, 4th August 2016

The New Aswan City Authority is set to offer 1,400 acres for the New Urban Communities Authority (NUCA) to offer in a public land tender, reported Al Borsa News.

Land to be offered is distributed as follows:  350 acres of investment in the region south of Alahyaa district, 150 acres in the Third District,  200 acres bounded by the area between the neighborhoods IV and V,  255 acres in the entrance to the city, and 100 acres along the borders of the city, said Mustafa Said, Head of the New Aswan City Authority.

This is in addition to 145 acres dedicated to  economic housing and 200 acres along the eastern end of the city, Said added

Approximately 60% of land offered will be earmarked for services, trading, entertainment, and educational, and 40% will be for residential projects.

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