The decree applies to the low-income mortgage initiative, the initiative supporting the tourism sector, the vehicles conversion initiative, the low- and middle-income mortgage initiative, and the modern irrigation methods initiative.
The government contributes EGP 331 bn to these projects' total investments, creating around 200,000 direct jobs.
Mostafa Harb, Head of the New Sohag Development Authority, notes that 42 buildings are under construction including 1,008 residential units and an area of 90 sqm per unit in the fifth phase of the presidential initiative Housing for All Egyptians for low-income citizens.
The port is built under a partnership between the General Authority for Land and Dry Ports (GALDP) and October Dry Port Company, which is a joint venture between Elsewedy Electric and Schenker.
During the event held on the sidelines of the UN Climate Change Conference (COP27), Abdel Hamid notes that building eco-friendly green housing units has been a huge dream domestically due to the great benefit it offers in saving energy and improvement of the quality of life for citizens.
Discussions also include the recent situation in new and old Egyptian cities and the main pillars of the national urban policies.
The Badya’s campaign is launched in tandem with hosting the United Nations Climate Change Conference (COP27) in Sharm El-Sheikh.
Ismail explores the plan of the water and sewerage sector for the rationalization of water consumption, which includes the use of existing drinking water resources; the safe reuse of treated sewerage water; and the minimization of waste.
Al-Gazzar notes that the CAR executes projects in 25 cities in 10 governorates including more than 740 villages under the first phase of the Descent Life presidential initiative.
Ismail signs a letter of intent (LOI) with the African Development Bank (ADB) for building 5 solar-powered water desalination plants with a total capacity of 525,000 cubic meters in 4 governorates, with $625 mn in sustainable and green investments.
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