Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that a total of 66 fully-finished villas and 2,880 social housing apartments are being developed in New Aswan’s 1,050-acre tourist strip, Invest-Gate reports.
The announcement came during El Gazzar’s inspection tour to a number of projects and developments being implemented in New Aswan, where he announced the completion of 3,840 social housing units, in addition to the delivery of 1,213 social housing units, according to a statement on March 9.
Ahmed Rashad, head of New Aswan City Authority, said the state is currently working on implementing the city’s government district as well as New Aswan Club, which will encompass swimming pools, terraces, football fields, a mosque, and a social club.
Back in February, Rashad confirmed that New Aswan’s service projects saw investments worth about EGP 231 mn, including three basic schools being implemented, in addition to a 158-bed general hospital, a nursery, a gymnasium, a medical center, a commercial center, mini-malls, amongst others.
Besides, the official stated that the new city will comprise a 2,651-acre industrial area that targets hosting all of the city’s industrial activities.