Minister of Housing, Utilities, and Urban Communities Assem El Gazzar inaugurates the Real Gate Exhibition, held for the first time in Egypt from 25-27 March, under the auspices of President Abdel Fattah al-Sisi, Invest-Gate reports.
The exhibition is inaugurated in the presence of Ahmed Ghazi, president of ACGITF, the organizer of the exhibition, and a large number of real estate development companies. The Minister of Housing, accompanied by Ahmed Ghazi, takes a tour in the exhibition, according to an official statement on March 28.
On his part, the Minister of Housing expresses his gratitude in his speech during the exhibition. “The return of the real estate market after the exceptional circumstances that the world went through is evidence of the market’s strength,” he stresses.
El Gazzar further reviews the ministry’s plan to push the urban development agenda following the 2030 sustainable development strategy. “The state seeks to implement this plan seriously to increase the urban area to 14% of the total area in Egypt. In the past six years, the state has doubled the size of the urban area,” he adds.
Moreover, Ghazi says that the Real Gate exhibition is one of the strongest and largest events for the Egyptian real estate market, under the patronage of President Abdel Fattah El-Sisi, which reflects the state’s interest in the real estate sector.
Ghazi further announces during his speech that the exhibition has a new and unique technology presented for the first time in the Egyptian market. “Through this technology, all observers and those interested in the real estate market in Egypt or abroad in 12 countries can communicate with the exhibition and visit it online,” he adds.