News / Government

HCCD to Generate EGP 1B in 2016

Egypt’s state-owned Holding Company for Construction and Development (HCCD) is expecting to gain major profits worth of EGP 1 billion from several large national projects.

Dar Misr to Finalize Units in 8 Cities

The first phase of Dar Misr social housing project is about to be finalized in eight new cities.

Mostakbal City Seeking Development of 1000 Acres

Mostakbal City for Development has received several partnership offers from real estate developers to develop projects in two land plots ranging in size between 700 - 1000 acres.

Al Wadi Al Gedid Invests EGP 71 in Slum Development

The governor of Al Wadi Al Gedid seeks to develop not only slum areas but also commercial places and land plots in efforts to meet citizens' demands and improve agriculture and commercial production

Housing Ministry to Launch Several Building for Multi Purposes

Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities has approved several projects, including launching two Orthodox churches in Aswan, assigning a land in Fayoum for two schools, building 19 new retail shops in five cities, expanding youth center in Obour city, launching a social community club in 6th of October City, and launching a cultural venue in Badr City.

5400 Residential Units to be Launched Next Month in Rehab and Madinaty

The units are fully finalized and are ready to be delivered in October; where they're located in Madinaty and Rehab that can be reserved through "The housing and construction” Bank till December.

75,563 Residential Units to be Connected to Sewage Grid

The construction work has been made to serve residents in 12 governorates including Portsaid, Suez, Kafr El sheikh, South SInai, Suhag, and Kena.

NUCA to Launch New PPP Projects in Upper Egypt

The new projects are to be located in several governorates across Upper Egypt

Suez Governorate Announce 47,000 Square Meters for Residential, Tourism Projects

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.

198 Plots to be Allocated Nationwide by Investment Authority

The General Authority for Investment and Free Zones (GAFI) is expected to allocate 198 land plots with a total area of 33.8 acres in September and October.

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