The total value of investments in 6th of October City has reached EGP 24 bn thus far in 2016, according to Hany Younis Spokesperson for the Ministry of Housing , Utilities, and Urban communities, reported Shorouk News.
Approximately 116,000 units are being built this year in the city, which is double the units built in the past 35 years, according to Younis. Moreover, several development and facilities projects are being undertaken, such as commercial developments, health care units, and entertainment areas, which commenced in April, Younis said during a televised interview.
Housing Minister Mostafa Madbouly also recently checked on the progress on construction on main roads and infrastructure in the city, including North Dahshour Corridor which starts from the Cairo-Alexandria Desert Road and is expected to be expanded, along with a bridge that will be constructed over Juhayna Square in 6th of October City to ease traffic congestion, according to Al Borsa.