While suffering hard currency shortage, Egypt has allocated more than LE 10.2 billion for the social housing program in the state’s draft general budget for the fiscal year 2023/2024 to build up on the one-million housing project that was launched in 2014 to provide affordable apartments for Egyptians with low and middle income, as well as the high class.
Inaugurating 13,800 housing units as alternative for those living in unsafe areas, Egypt’s President Abdel Fattah El-Sisi has made strong remarks regarding illegal building on agricultural lands.
"The absence or inaccuracy of digitizing made us unable to see well. This led to the stability of an inaccurate reality and an absence of eradicating corruption," said President Sisi.
Egypt will offer the New administrative capital company on the stock exchange.
Negm indicated in a TV interview that the down payment is to be paid in one payment to middle-income people.
Egyptian President Abdel Fattah El Sisi on Monday ordered establishing 500 housing units inside large cities and capitals of governorates, as part of the project national project dubbed “Residence for all Egyptians.”
In a statement on Thursday, Molla said that the natural gas has been extended for first time to villages and cities in Upper Egypt and densely populated districts.
Sisi added that despite the difficult circumstances of the Egyptian state, Egypt stood by its people, saying: "it offers a LE 600,000-apartment for the citizen to protect him/her from life in dangerous areas."
In addition to planning to finish implementing 105,000 units in 2021/2022.
And despite the coronavirus crisis and the partial shutdown the country, like many other countries, has witnessed, Sisi has been inspecting the construction sites in different parts of the country, to make sure workers are doing their best, while taking p
The fund also targets to strengthen the capacity of the Social Housing Fund and support real estate finance in designing policies and coordinating programs in the social housing sector.
The ministry is building a project of 2,200 housing units in 110 buildings at a cost LE 383 million, the statement added. The minister inspected the city to be updated on the implementation of the project.
As many as 326,263 housing units were implemented with a total investment of over LE 106.8 billion, according to CAPMAS.
Israeli Defense Minister Avigdor Lieberman revealed in a statement that he would approve the construction of 1,285 housing units in the West Bank.
The Israel Defense Ministry's body responsible for settlement construction in the West Bank advanced plans for 1,292 housing units across the W. Bank Tuesday
No housing units have been put up for sale so far. The 20,000 housing units are to be complete by mid-next year.
Israel to discuss granting building permits for 176 housing units for Jews in the heart of Jabal Mukkaber neighborhood in al Quds on Sunday.
During President Abdel Fatah al-Sisi’s 1095 days in office, thousands of housing units were built for the youth and impoverished people.