Ahmed Moussa, Assistant Vice President of the New Urban Communities Authority (NUCA) for the Planning and Projects Sector, has held a meeting with representatives from the Albanian Kastrati Group to present investment opportunities across various sectors in the new cities, Invest-Gate reports.

The meeting was conducted under the supervision of Walid Abbas, Assistant Minister of Housing for NUCA Affairs, and with the guidance of Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities.

During the meeting, Moussa highlighted the promising investment prospects available in the NUCA and its cities, which span across Egypt. He emphasized that the NUCA provides a supportive environment and necessary infrastructure to attract both local and foreign investment, resulting in accelerated development rates and the creation of direct and indirect employment opportunities.

Moussa further provided a comprehensive overview of the different mechanisms offered by the NUCA to investors for acquiring land and establishing various development projects. This includes the partnership mechanism with major real estate developers.

Kastrati Group officials expressed their interest in collaborating with the NUCA through partnerships in integrated urban development projects. As a result, both parties agreed to schedule detailed meetings to delve deeper into the matter and gain further clarity.

Furthermore, the representatives of Kastrati Group expressed their keenness to invest in NUCA cities, particularly in the field of green urbanization. They emphasized their commitment to environmental standards and the achievement of sustainable development goals. The group showcased their expertise and areas of focus, which encompass construction, infrastructure, insurance, financial services, tourism, hospitals, automotive industry, and other investment sectors.