The future of Egypt’s new metropolises will be tackled at the Cityscape Egypt’s business breakfast as government authorities and leading real estate experts weigh in on the country’s plans in 2019.
The business breakfast, set to take place on 14 January at the Nile Ritz-Carlton in Cairo, will deliver a high-profile platform for debate, discourse, and information exchange as it addresses 2019’s most pressing real estate issues.
Held under the theme ‘Moving forward; the future of investing in Egypt’, the event—a prelude to the Cityscape Egypt exhibition taking place on 27-30 March at the Egypt International Exhibition Centre—will hone in on the core issues in Egypt’s real estate sector next year, delving into the country’s progress on new cities and looking at how to drive investment.
On the agenda, there will be a speech entitled “Ushering in a new era: new cities update,” to be delivered by Prime Minister and Minister of Housing Mostafa Madbouly. Meanwhile, Minister of Planning and Administrative Reform, Hala El-Saeed will also deliver a speech named “Management reform plan and sustainable development strategy.”
The event will be concluded with a panel discussion under the name of “Moving into the international arena” which will see experts address several topics, such as foreign investment, creating an attractive return on investment for investors, and satisfying the supply gap in the local market.
Fathallah Fawzi, head of the 2018 Cityscape Egypt and chairperson of the MENA for Real Estate Development Consultancy, said that one of the central themes on the programme will be economic reforms and its effects over the last two years, in addition to the numerous investment opportunities available in Egypt’s new cities.
Looking at new cities, Fawzi said they are driving foreign and domestic investment with many investors looking to invest in Al Alamein and the New Capital.