A Great Praise for Egypt’s Urban Development Projects During MIPIM Exhibition

A Great Praise for Egypt’s Urban Development Projects During MIPIM Exhibition

During the MIPIM exhibition, Khaled Abbas, Deputy Minister of Housing, Utilities and Urban Communities for National Projects, attends a discussion session in the Egypt pavilion, which deals with files related to the construction industry, urban expansion and the challenges facing this industry in the context of maintaining the environment, Invest-Gate reports.

During the session, Abbas gives a brief explanation about the urban renaissance that is currently occurring in Egypt, stressing that there is cooperation and partnership between the government and the private sector in many projects.

“Sustainable urban development is one of the common goals with the World Bank, and the private sector in Egypt has begun to adopt modern ideas in the development process within the fourth-generation cities established by the Egyptian state,” Abbas states.

For his part, the director of the English CBRE points out that what is currently happening in Egypt as giant infrastructure projects must be recorded and studied, in the context of the sustainable development plan adopted by Egypt.

On the other hand, Hugh Jones, Chairman of the Board of Directors of “RX GLOBAL”, the owner of the MIPIM exhibition, inspects the Egyptian pavilion at the exhibition and expresses his great admiration for the size of government investments and the huge projects implemented by the Egyptian state.

Abbas also invited him to visit Egypt and study the idea of ​​holding a similar exhibition in Egypt, in the investment field and global real estate marketing. For his part, Jones welcomes this idea and offers his willingness to help the Egyptian government in the coming years in coordination in organizing the MIPIM exhibition.

 

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