Masress : Egypt's Housing Ministry reviews NUCA 2018 accomplishment rates

EGX starts Sunday trade in negative territory Egypt to announce new private sector financing deals at Sunday conference CBE Deputy Governor attends ceremony appointing DPI as new manager of 'Nclude' Egypt deploys over 2,400 ambulances to support high school exams nationwide Environment Minister chairs closing session on Mediterranean Sea protection at UN Ocean Conference Egypt nuclear authority: No radiation rise amid regional unrest Egypt selected for $1bn climate fund decarbonisation programme: Al-Mashat Grand Egyptian Museum opening delayed to Q4 Egypt delays Grand Museum opening to Q4 amid regional tensions Israel and Iran's nuclear programme: Intense strikes and "limited damage" Trump faces MAGA backlash as Israel-Iran conflict tests non-interventionist promise Egypt's Foreign Minister condemns Israeli strikes in calls with European, Iraqi counterparts Egypt slams Israeli strike on Iran, warns of regional chaos Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara Egypt's EDA joins high-level Africa-Europe medicines regulatory talks US Senate clears over $3b in arms sales to Qatar, UAE Egypt, Lebanon discuss water, irrigation cooperation France's growth outlook dips Egypt discusses urgent population, development plan with WB Egypt reaffirms commitment to ocean conservation at UN conference Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity Egypt boosts higher education ties under 24/25 strategy Egypt, Serbia explore cultural cooperation in heritage, tourism Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga Egypt launches "Memory of the City" app to document urban history Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary Germany among EU's priciest labour markets – official data Cabinet approves establishment of national medical tourism council to boost healthcare sector Egypt's PM follows up on Julius Nyerere dam project in Tanzania Egypt's FM inspects Julius Nyerere Dam project in Tanzania Egypt's FM praises ties with Tanzania Paris Olympic gold '24 medals hit record value A minute of silence for Egyptian sports Russia says it's in sync with US, China, Pakistan on Taliban It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights Sudan says countries must cooperate on vaccines Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19 Egypt to tax bloggers, YouTubers Egypt's FM asserts importance of stability in Libya, holding elections as scheduled We mustn't lose touch: Muller after Bayern win in Bundesliga Egypt records 36 new deaths from Covid-19, highest since mid June Egypt sells $3 bln US-dollar dominated eurobonds Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform

Thank you for reporting!

This image will be automatically disabled when it gets reported by several people.

Egypt's Housing Ministry reviews NUCA 2018 accomplishment rates

Amwal Al Ghad Published in Amwal Al Ghad on 27 - 12 - 2018

Egypt's Prime Minister and Housing Minister Moustafa Madbouly said the sector of planning and projects at the New Urban Communities Authority (NUCA) accomplished several tangible achievements in 2018 that resulted in a developmental leap in new cities.
In a statement released by the Ministry of Housing on Wednesday, Madbouly said that the sector approved the designs and planning of 115 investment, urban and service projects that will be established on 73,000 feddans in 15 new cities including 23 projects in the New Administrative Capital.
Madbouly said that these projects contribute to pumping investments in the local market and providing more than 450,000 job opportunities.
Assistant Housing Minister for the NUCA Affairs Walid Abbas said that the sector provided lands for real estate investment covering a total area of 10,000 feddans.
The sector is working on three axes including providing lands for housing purposes for the different segments of the society, providing housing units for the different classes of people and providing services to cater for all the needs of residents of the new cities, he said.
As many as 400 land lots were put up for tender in 14 new cities on an area of 82 feddans as part of plans aiming at encouraging small real estate companies to build residential units for medium-income families, he said.
As many as 2,192 plots of land were put up for sale to the Egyptian expatriates over a total area of 700 feddans, Abbas said, adding that this comes to fulfill the aspirations of Egyptians living abroad to own their own houses in their homeland.
Abbas said that the sector worked on preparing detailed designs for 120,000 housing units in social housing projects.
Also, the sector put up for sale 112 plots of lands in 9 new cities for companies and individuals that want to invest in them, he added.
A number of land lots were put up for sale in the new cities in Upper Egypt to build provincial-level service projects to meet the needs of residents, he also said, noting that these projects include commercial chains and universities.
Source: MENA

Clic here to read the story from its source.