The Informal Settlements Development Fund (ISDF), affiliated to the Housing Ministry, is developing five unsafe slum areas in Port Said governorate, Invest-Gate reports.

The project includes the development of 1,836 residential units for EGP 481.7 mn and a local market for EGP 35 mn.

The fund has already completed the development of three unsafe areas including 4,104 units with investments worth EGP 506.9 mn and a local market with investments worth EGP 16.7 mn.