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Reading: Egypt aims to double current urban area to reach 14%: Housing Minister
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Dailynewsegypt > Blog > Business > Real Estate > Egypt aims to double current urban area to reach 14%: Housing Minister
Real Estate

Egypt aims to double current urban area to reach 14%: Housing Minister

Shaimaa Al-Aees
Last updated: 2019/09/06 at 10:14 PM
By Shaimaa Al-Aees 3 Min Read
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The Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, officially inaugurated the second edition of The Big 5 Construct Egypt at the Egypt International Exhibition Center (EIEC) on Monday.

Held under the patronage of the Prime Minister, Mostafa Madbouly, The Big 5 Construct Egypt is Egypt’s largest construction event, providing a platform to foster industry best practices, business and investment opportunities in Egypt.

El-Gazzar asserted that the government is undertaking a very large development process at the national level within the framework of Egypt’s strategic national plan for urban development 2052, which was prepared in line with Egypt’s Sustainable Development Strategy 2030.

The aim is to double the current urban area to reach 14% through a number of development axes represented by a national road network currently being implemented, as well as the new cities which have been recently launched.

Furthermore, the minister noted that, “The ministry will keep supporting such exhibitions in the coming years, as the construction sector is currently witnessing a rapid growth, in addition to its contribution in raising the development index of the industrial sectors behind it, which represents the development engine for many interlocking industries.”

The Big 5 Construct Egypt 2019 gathers 240 Egyptian and international companies and their innovative construction products, materials, and solutions from over 300 brands, and is expected to welcome more than 13,000 visiting industry professionals.

Roni El Haddad, Event Director at dmg events, said: “This year we have launched the new Hosted Buyers Program to further promote international business in Egypt, with senior executives from selected countries joining the show to meet with participating exhibitors.”

Camille Hautefeuille, the Trade officer for Industry and Cleantech at the French embassy in Cairo, commented:  “Business France, the trade office of the French Embassy in Cairo, has taken part for the first time this year in The Big 5 trade show in Egypt and hopes its participation in the event will be a success, allowing it to engage in the next editions and, over the years, increase the size of the French booth.”

Organised by dmg events, The Big 5 Construct Egypt has run from 2 to 4 September at the Egyptian International Exhibition Center (EIEC). The event is sponsored by Sphinx Glass, and supported by the Egyptian Federation for Construction & Building Contractors (EFCBC) Quali Middle East Association (QMEA) Middle East Facility Management Association (MEFMA), the World Architecture Community, Dubai Exports, and German-Arab Chamber of Industry & Commerce (AHK Egypt).

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TAGGED: Assem El Gazzar, Held under the patronage of the Prime Minister, Housing Minister, Mostafa Madbouly, the Minister of Housing, urban area, Utilities and Urban Communities
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