Madbouly directs the implementation of 50,000 new housing units for low-income people and youth within… "Housing for all Egyptians"
Prime Minister Dr. Mostafa Madbouly praised citizens’ confidence in the national housing project for all Egyptians, which was adopted by President Abdel Fattah El-Sisi, and meets the demands of many segments of society to own a decent housing unit at a reasonable price, directing the start of the implementation of 50,000 new housing units. For low-income people and youth, within the presidential initiative “Housing for All Egyptians,” in addition to 50,000 currently being implemented. He also directed the implementation of 50,000 new housing units for a segment of Middle-income people, and offering it for reservation for those who wish.
This came during the meeting held by the Prime Minister yesterday evening, with Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities, to follow up on the executive position of a number of projects.
The Minister of Housing, Utilities and Urban Communities presented the most prominent axes of the “Your Home in Egypt” initiative, which targets Egyptians working and residing abroad, and the plan is to open reservations for it at the beginning of February 2025, indicating The number of units proposed for offering in the initiative amounts to about 5,055 residential units and villas, in the cities of (New Alamein, the New Administrative Capital, New Mansoura, 6th of October, Sheikh Zayed, Sur Mazra El-Oyoun, New Cairo, New Obour, and New Suez), and discussed in detail The conditions and incentives that characterize this initiative, and the proposed alternatives for paying the price of residential units and villas.
Al-Sherbini also discussed For the housing projects axis, which he began by explaining the steps for offering 78,730,000 housing units, for low- and middle-income people, as part of the presidential initiative “Housing for All Egyptians” (5), indicating that there are 23,958 units ready for receipt within the governorates, and 12,990. One unit is ready for delivery in the new cities, and 41,782 units will be delivered within 36 months in the cities. During the meeting, engineer Sherif El-Sherbiny touched on the executive position of a number of national projects, and pointed out that 738 thousand brochures had been purchased until the end of the reservation, and the number of serious applicants for the reservation reached 499 thousand reservations. In this regard, the rates and implementation rates of the projects being implemented in New Alamein City, including the beach towers project, the Downtown project and its extension, the Latin Quarter project, the heritage city, and projects Housing (Distinguished, “Housing for All Egyptians,” and “Housing Egypt”).
The Minister of Housing, Utilities and Urban Communities discussed the details of the North Coast Marina project, where he reviewed the investment opportunities in Marina, including opportunities to establish villas and chalets in several proposed areas in the center. El Alamein Tourist Marina, in addition to plots of land that represent opportunities for various investment projects in the tourism, hotel, commercial and service fields, in light of the advantages of this region. Promising.
During the meeting, the Minister of Housing reviewed a number of lands proposed for future development located along the northwestern coast.
The Minister discussed the executive position of a number of projects being implemented in the New Administrative Capital. Including the executive position in the central business district, the Green River, and residential neighborhoods, in addition to what is related to utility and infrastructure works, road works and general site coordination, and he also touched on the executive position of the components of the Great Transfiguration Project in the city of St. Catherine, indicating that it He will inspect it today, as well as the executive position of the downtown Cairo development projects, including the Maspero Triangle area development project, the Maspero Triangle area development, the Azbakeya Heritage Park development project, the People of Egypt Walk in its four phases, and the Fustat Gardens project and the components it includes and the completion rates for each component.< /p>
- For more: Elrisala website and for social networking, you can follow us on Facebook
- Source of information and images “rosaelyoussef”“
