The Egyptian Minister of Housing, Assem El-Gazzar, mentions some rules for the allocation of the said lands including allocating land in two phases to serve a project that could last up to 5 years, at maximum.
Among the discussed topics are approval of the authority’s final account for the year 2022/23, the approval of the budget for the fiscal year 2020/21, granting a deadline to companies and entities in the Northwest ...
The allocated land will be used to build urban communities, hospitals, high institutes, schools, nurseries, clubs, bakeries, medical, commercial, administrative, residential, industrial, logistical, hotel, and rec ...
The housing minister calls on contractors to accelerate works on the project while maintaining the highest quality.
The projects are set to be implemented by the private sector and accelerate growth in new cities, El-Gazzar adds.
Assistant Minister of Housing for the Affairs of the NUCA, Waleed Abbas, states that companies only could apply for the new land allocation mechanism.
El-Gazzar is briefed about the execution of the Greatest Manifestation Project which includes 14 projects implemented by the Central Agency for Reconstruction and financed by the New Urban Communities Authority (N ...
El-Gazzar notes that the project is based on two pillars, the first of which is located at 120 feddans and comprises building 64 towers in partnership with the New Urban Communities Authority (NUCA), including 3,0 ...
Sun Capital is a multi-use services area on 223 feddans in plot no. 1 in the October Gardens district. The project involves tourism, hospitality, commercial, administrative, educational, and medical purposes.
The government contributes EGP 331 bn to these projects' total investments, creating around 200,000 direct jobs.
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