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Reading: Government builds 103,000 housing units worth EGP 23.5bn in 2020
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Dailynewsegypt > Blog > Business > Real Estate > Government builds 103,000 housing units worth EGP 23.5bn in 2020
Real Estate

Government builds 103,000 housing units worth EGP 23.5bn in 2020

Shaimaa Al-Aees
Last updated: 2020/12/28 at 5:40 PM
By Shaimaa Al-Aees 2 Min Read
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Egypt’s Ministry of Housing, Utilities and Urban Communities has built 103,000 housing units, worth a total of EGP 23.46bn in investments, during 2020, according to Minister Assem El Gazzar.

El Gazzar said that the housing units were divided according to: 50,000 units as part of the “Residence for all Egyptians” project; 13,300 units in alternative housing for residents of slums and informal areas; 33,300 units in the middle-income housing project; and 5,300 units in the distinguished housing project.

These came in addition to 416 units being constructed as part of Bedouin housing projects and settlement, alongside 383 units in Nubian house restoration projects.

The minister added that EGP 5.4bn has been invested in the completion of 43 potable water projects, providing a combined capacity of 447,500 cubic metres per day. This comes in addition to the completion of: 42 projects for sanitation in urban areas, with a capacity of 515,500 m3 per day, and at a cost of EGP 6.6bn; 148 projects for sanitation in rural areas, at a cost of EGP 5.1bn; and 24 road projects with a total length of 243.4 km, worth EGP 3.1bn in investments.

El Gazzar also said that a package of different projects have been implemented across Egypt, including the establishment of 17 developmental communities in the North Sinai and South Sinai Governorates.

This is in addition to the establishment of a development community in the Al-Qaa Plain of the El-Tur area of South Sinai. The community aims to develop Bedouin villages and combat desertification.

Development is taking place in Egypt’s fourth-generation cities and other new cities by leaps and bounds, whether in housing projects, utilities, roads, and services.

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TAGGED: housing units, middle-income housing, Ministry of Housing, slums, social housing
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