Emaar Misr, in collaboration with Misr El Kheir Foundation, has delivered the first phase of Beyout El Kheir project (Homes of Generosity) in Qena governorate, which is aimed at improving the living conditions of thousands of less privileged families in Egypt’s villages and provinces, Invest-Gate reports.
This comes as part of Emaar Misr’s corporate social responsibility to provide new housing units and further job opportunities to poor families, according to a press statement on February 17.
In its statement, Misr El Kheir noted that the first phase of the project was launched in mid-2018, aiming to develop 1,000 homes and support 500 income-generation projects in about 50 villages located in four governorates: Qena, Aswan, Marsa Matrouh, and Beheira.
In September 2018, Emaar Misr and Misr El Kheir signed a cooperation protocol, under the supervision of Egypt’s Ministry of Social Solidarity, to launch the first phase of Beyout El Kheir project.
“For each unit, we build in Emaar’s projects across Egypt, we will build a residential unit for less privileged families in Egyptian villages,” Emaar Properties’ Founder and Chairman Mohamed Alabbar said in a previous statement.