Approximately 47,000 square meters will be assigned for residential and tourism projects in Suez, which investors can reserve starting next month, stated Hassan Kamal, Head of Housing Committee in Suez, reported Al Borsa.

Kamal added that the land is divided in to five areas within the governorate and has been priced in collaboration with Ministry of Investment. Six plots of land were previously showcased and sold out of a total of 17 land plots, constituting 40% of the total land.

Kamal also mentioned that Suez has appointed EGP 140 million for several projects, such as sanitation, electricity, water, and residential.