Minister of Housing, Utilities, and Urban Communities Assem El Gazzar confirms that the completion rate of the “Housing for All Egyptians” initiative in the 6th of October City have reached 55% out of 24,888 housing units (1,037 buildings), Invest-Gate reports.
He further indicates that the investment value of the project is estimated at EGP 5.6 bn and that the project is expected to be completed by the end of 2021, according to an official statement on March 1.
On his part, Adel Al-Nagar, head of the New 6th of October City Development Authority, stresses adhering to the highest quality standards and the specific timetables provided by the implementing companies to complete the units and deliver them to their beneficiaries on their scheduled dates.
Walid Abdel-Rahman, vice president of the 6th of October City Authority, inspects the worksites in the city accompanied by officials of the agency, managers of the implementing companies, and supervising authorities.
Abdel-Rahman calls for the highest standards of quality and efficiency, pointing out that the facilities for the buildings are being implemented according to site coordination.