CAPMAS: 326,300 residential units established in 2017-2018

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Thu, 04 Jul 2019 - 11:26 GMT

BY

Thu, 04 Jul 2019 - 11:26 GMT

File - CAPMAS headquarters in Cairo

File - CAPMAS headquarters in Cairo

CAIRO, July 4 (MENA) - More than 326,000 residential units have been established in 2017-2018 at a total cost of 106.9 billion pounds, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

In 2016-2017, 317,200 residential units were built worth 91.8 billion pounds.

This is a 2.9% increase in the number of units, a CAPMAS statement said Thursday.

The government built about 105,100 of all 326,300 units in 2017-2018.

Meanwhile, the private sector established about 221,200 units in the same year.

The housing projects implemented during the fiscal year 2017-2018 include low-cost, middle, upper middle, and luxurious housing units.

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