The Informal Settlements Development Fund (ISDF) and Housing and Building National Research Center (HBRC) signed annexes to a cooperation agreement for a new development project worth EGP 6.7 mn, Invest-Gate reports.

Under the annexes, action plans will be proposed for the development of 32 informal settlements in 8 cities including Aswan, Sohag, and Assiut, according to a Housing Ministry statement.

This agreement is part of a wider plan by the government to develop slums as well as find alternative housing for residents of unsafe slum areas. Approximately 180,000 housing units will be finalized by 2018 and offered to the residents of unsafe slum areas across the country, MENA news agency reported earlier.