Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that Egypt will mark its first-ever participation in the 2019 edition of Chicago-based Council on Tall Buildings and Urban Habitat (CTBUH) conference, starting from October 23 to November 2.

During his keynote speech at Invest-Gate’s fourth roundtable on October 16, titled “Means of Attracting Future Real Estate Investments,” Abbas revealed that a delegation, comprising multiple ministerial officials, alongside representatives of construction firms as well as design and engineering consultancy offices, will exhibit Africa’s tallest tower in the New Administrative Capital (NAC).

According to the official, CTBUH is deemed the world’s leading resource for professionals focused on the inception, design, construction, and operation of tall buildings and future cities. It also bestows “Tall Building Awards” each year, with four regional awards to the US, Europe, Africa, and the Middle East, along with Asia and Australasia regions. Hence, Egypt’s involvement in such a remarkable event will positively influence its international image by showcasing its various megaprojects to shine as a global development and investment hub, Abbas further stated.

Further, Abbas underlined that Egypt will partake in MIPIM 2020, which is a four-day real estate networking event taking place in France’s Cannes, gathering nearly 26,800 property professionals from all around the world. For the second consecutive year, the Ministry of Housing will hold an official booth at the international exhibition, together with some Egypt’s real estate developers, as part of the state’s keenness to export real estate abroad.

The deputy minister explained that the government is exerting additional efforts to export Egyptian properties abroad, including the provision and diversification of land plots in new cities, expansion of housing supply, as well as, partnerships between the public and private sectors for real estate development.