Features / the new administrative capital

Egyptian Government’s Strategic Push for Real Estate Development in 2024

Revitalizing the Real Estate Sector: Egypt's Government Initiatives for 2024

Recently, the real estate sector has emerged as a cornerstone of Egypt's economic development, significantly contributing to the nation’s GDP. With the governmental backing witnessed in 2024, the Egyptian real estate sector is now experiencing robust growth aided by innovative policies, strategic initiatives, and emerging opportunities. As the government focuses on urban expansion and infrastructure development, developers and investors have found fertile ground for growth, particularly in burgeoning areas such as the New Administrative Capital and coastal cities. This feature highlights recent initiatives, strategic developments, and market growth metrics.

Egypt Continues Implementing Projects to Lure Developers in 2023

The first half of 2023 witnessed several achievements in the real estate sector, through the participation of both the government and
private sectors, offering housing units and providing facilities to investors and developers. This participation aims to satisfy consumer
needs by launching new projects by developers in different regions, with various areas and payment methods.

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