LE 3.2 billion is the value of public investments directed to Kafr El-Sheikh Governorate in the 20/2021 plan, an increase of 23% over the 2019/2020 plan, Planning Minister says.
LE5.8 billion of public investments directed to Menoufia governorate in FY 2020/21.
The initiative is within a project on developing the capitals of governorates and large cities.
Hala El-Said, Minister of Planning and Economic Development, clarified that the number of development projects in the governorate reaches 169 projects.
Minister of Housing, Utilities, and Urban Communities Assem al-Gazar stated Wednesday before the House of Representatives
The planning minister, in an output report Sunday, said 31 percent of the projects have been established in Upper Egyptian and border cities at a total cost of LE 21.8 billion.
In a statement, Saeed said the new allocations come as part of the political leadership's interest in carrying out more national projects to better serve citizens.
Minister of Housing Assem el-Gazzar announced that there is an electronic application proposed to manage licensing issuance in new cities, aiming to save time and effort in serving the citizens and investors.
Cairo municipal authority has a target of demolishing 47 buildings housing 56 families and has already bulldozed 31 that used to have 35 families.
El-Said also said that this year’s public investments budget for the governorate is a 29% increase from the previous plan.
The projects were carried out in existing cities, eight new cities, and six fourth-generation cities.
The agreement was signed on July 5, 2020, and approved by the House of Representatives.
It is noted that only 40,000 out of almost 7.5 million public employees will move to the New Capital.
That represents 2.8% of the public investment for the year.
After their departure, 61 buildings were demolished.
The decree applies to those who were notified of the cancellation of the contract between them and the authority, and whose units have not been sold to others.
The project is located in the second phase of Salam neighborhood eastern Cairo, and consists of two phases.
The number of units offered is 125,000 and they are located in 14 new cities.
The neighborhood offers fully furnished residential units to the former dwellers of a slum area called Tal Al Aqareb in Cairo governorate.
A new city will be built over 29,000 feddans near the New Administrative Capital, which will include housing projects for all segments of the society.