The Cairo governorate will launch 13 residential projects as part of a national plan to demolish slum areas in the capital, Invest-Gate reports.
The plan will be implemented within two years at a total cost of EGP 12 bn to include 62,000 residential units. The units will be surrounded by amenities and public services such as schools, offices, markets, chapels, mosques, and markets.
The plan also includes 18,300 residential units in Al Asmarat project and projects in El Salama City, according to a released statement.
Tal El Akarab, one of the slum areas to be developed, will be reconstructed to include 815 residential units and a residential complex encompassing 15,750 homes. The residential units will be built by the New Urban Communities Authority (NUCA).
“The Ministry of Housing, along with the Cairo governorate, will follow up on updates and make sure that the new units will be delivered to citizens who deserve it,” says Atef Abdel Hamid Cairo Governor.