Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, has convened with a consortium of real estate developers to deliberate on their involvement in the forthcoming 12th session of the World Urban Forum (WUF12) scheduled for November, Invest-Gate reports.

This event is being orchestrated by Egypt in partnership with the United Nations Human Settlements Program (Habitat).

The meeting was attended by Abdel Khaleq Ibrahim, Assistant Minister for Technical Affairs; Amin Ghoneim, Vice President of the New Urban Communities Authority (NUCA) for the Development and Urban Development Sector; and officials from the NUCA.

El Sherbini underscored the significance of WUF12 as an invaluable platform to showcase Egypt’s trailblazing endeavors in achieving holistic urban revitalization across various regions of the country over recent years, particularly since President Abdel Fattah El-Sisi assumed office. This entails highlighting governmental initiatives, collaborative ventures between the public and private sectors, and the projects spearheaded by real estate developers. Furthermore, WUF12 serves as a prime opportunity to promote Egyptian real estate on a global scale.

El Sherbini emphasized that alongside the main forum, an extensive ministerial gathering of African housing ministers will convene, reflecting their expressed interest in assimilating insights from Egypt’s urban development experience and leveraging the expertise and capabilities of Egyptian contracting firms and real estate developers. Preceding the forum, a dedicated week will be allocated to spotlight Egypt’s accomplishments in the realm of urban development.

El Sherbini accentuated that these initiatives serve as a launchpad for stakeholders within the real estate development, construction, and building sectors to engage in collaborative projects benefiting communities across the African continent.