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Housing Ministry to establish over 1.1m residential units in 5 years

Establishing new urban communities became one of the engines of economic growth in Egypt and building sustainably is a priority in the country’s 2030 Vision, Khaled Abbas, deputy minister of housing, said. The ministry of housing plans to establish more than 1.1m residential units during the coming five years and we will be waiting for …

Daily News Egypt

EGP 85.052bn cost of establishing 276,600 residential units in FY 2016/2017: CAPMAS

The fiscal year (FY) 2016/2017 witnesses the establishment of 276,600 residential units, implemented by the private and public sector at a cost exceeding EGP 85.052bn, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). In a recent report, the CAPMAS said that the government implemented 59,964 units with investments reaching EGP 34.206bn. Meanwhile, …

Hossam Mounir