Upper Egypt Sees Developmental Leap & Tangible Gains in 2019
Egypt's Ministry of Housing has taken the lid off the tangible gains made in nine new cities, which considerably resulted in a developmental leap in Upper Egypt last year.
Egypt's Ministry of Housing has taken the lid off the tangible gains made in nine new cities, which considerably resulted in a developmental leap in Upper Egypt last year.
Cities of Upper Egypt have been overlooked for decades as touristic destinations, especially after the 2011 revolution, despite their wealth in well-preserved archeological sites. However, there are a number of public and private initiatives that aim to promote tourism in these less-frequented cities and towns. Invest-Gate looks into tourism across Upper Egypt, highlighting governmental and private efforts to boost tourism
Despite the country’s efforts to attract more investments to Upper Egypt, pumping more funds to enhance its infrastructure and increasing the housing facilities, investors are asking for more cooperation from the public sector to aid them in the process of investing away from Cairo and Giza. Invest-Gate explores the public and private sectors merge in real estate investment
Egypt’s government has been undergoing a major development process, investing millions to build affordable housing projects to accommodate its growing population as part of a nationwide ‘Million-Housing-Unit’ plan. Upper Egypt, a region, which has been ignored for decades and given less attention compared to Greater Cairo and the Delta, is undergoing a major overhaul with the implementation of new cities and the construction of thousands of housing units and facilities. Invest-Gate sheds light on the housing projects in the new Upper Egyptian cities, as well as, efforts made by the private sector to invest in these emerging areas
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