He adds that the alternative housing project in New Obour is underway in the city’s 14th District.
Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities congratulates employees at the SHMFF for their efforts to implement the presidential program “Housing for All Egyptians.”
Radwan Abdelrashid, Head of the New Tiba Development Authority, says that the road, water, and sewerage projects are completed at sites of social housing in an area of 480 feddans.
El-Gazzar notes that the meeting discusses the outlines of required studies and the schedule of the tourism plans, in addition to drafting the booklets of conditions and the tender, which are set to be available early in 2023.
The decrees cover areas in New Warraq, the First Section of the West North Coast, New Cairo, and New Obour.
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.
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