Egypt's Informal Settlement Development Fund (ISDF) is planning to develop 83 slums distributed in 18 governorates during the fiscal year 2015/2016, Souad Nageeb – ISDF Project Officer in Greater Cairo and Upper Egypt said Tuesday. The slums development would cost total amount of 4 billion Egyptian pounds (US$ 127 million). In addition, the priority will be given to the second-degree life-endangering shantytowns. President al- sisi‘s Tahya Misr fund is responsible for developing the first-degree life-endangering shantytowns while ISDF is dedicated to developing the governorates' sprawling informal settlements, noted Nageeb. On the other hand, Cairo captures 30 percent of the total number of shanty-towns spread all over Egypt. Furthermore, Naguib told amwal al ghad that developing el-Samakeen area in Sohag is considered to be one of the most prominent projects carried out during the current fiscal year as part of the national plan for developing life-endangering slums.
