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The rate of searching for the Real Estate Finance Fund file by a number of citizens, the global Google website, increased, especially after the meeting of Prime Minister Dr. Mostafa Madbouly with Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities 

< p>In this regard, Rosa Al-Youssef Portal was keen to address this issue through the following report

Dr. Mostafa Madbouly, Prime Minister, met yesterday evening, Wednesday, Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities; To follow up on a number of the Ministry’s work files.

The Minister of Housing presented the governance procedures for offering lands and units in new cities, which the Ministry carried out, including offering lands with investment opportunities in both local and foreign currencies. Pointing out that during the month of December, the number of investment opportunities offered in the Egyptian pound reached 93 opportunities in 29 cities. As for the investment opportunities offered in foreign currency, last October, 356 were offered. Requests were made in 27 new cities, and 104 opportunities were provided and priced during this month.

The Minister added: During last November, the number of requests to provide investment opportunities in foreign currency reached 168 requests. In 22 new cities, while the number of investment opportunities that were provided during this month reached 127 investment opportunities.

He continued: During the month of December Currently, the number of requests to provide investment opportunities in foreign currency has reached 169 requests in 23 new cities.

Meanwhile, Engineer Sherif El-Sherbiny pointed out that within the framework of working to maximize revenues The New Urban Communities Authority, a VIP unit was established to receive major Egyptian and foreign investors and developers, where all required procedures are accelerated in light of the mechanisms and controls in place.

The Minister also touched on During the meeting, Housing reviewed the position of partnership projects with real estate developers, reviewing in this context the allocation mechanism through the cash and in-kind payment system. He also presented a statement of the projects of this mechanism, which totaled 83 projects distributed over 13 cities, adding that the total completed projects amounted to 8 projects. As for the total projects being dealt with, 75 projects were recorded.

The minister then moved on to talk about the projects of the Ministry of Housing. which have been completed, are being implemented, and are being awarded.

In this regard, the Minister said that in light of the presidential mandates implemented by the Ministry of Housing regarding providing an integrated civilized environment that suits the needs of the population and contributes In distributing the population in a balanced manner between the various regions, reviewing the number of units that were completed within the presidential initiative “Housing for All Egyptians.” In the axes of low-income and middle-income, and the number of units being implemented and being offered.

Engineer Sherif El-Sherbiny also reviewed the procedures for the reconciliation file carried out by the Ministry of Housing, Utilities and Urban Communities, as well as The Minister presented the position of the New Urban Communities Authority’s proposals, explaining that the Authority offered 8,521 plots of land and 89,356 housing units in luxury and medium-sized housing projects, and one residence for each. The Egyptians.

Engineer Sherif El-Sherbiny reviewed the position of marketing the units through marketing companies, and the sales position after taking many measures and holding many meetings with marketing companies, explaining in this regard The total number of projects, the number of units, and the total expected sales value.

The Minister of Housing, Utilities and Urban Communities indicated the executive position of major utility projects, which include 89 purification plants with a capacity 6093 thousand m3/day, 7 desalination plants with a capacity of 144 thousand m3/day, 142 sewage plants with a capacity of 2587 thousand m3/day, and two industrial sewage plants with a capacity of 50 thousand m3/day.

During the meeting, the Minister also presented the position of the utility projects of the presidential initiative “A Decent Life” This is for utility projects for 25 centers, within the scope of the Ministry of Housing’s work (first phase), noting that sanitation projects have been completed in 324 villages, sewage extension and support projects have also been completed in 122 villages, while home connections projects have been completed. For sanitation in 440 villages, drinking water networks were completed in 717 villages, and drinking water stations were completed in 114. Village.

Engineer Sherif El-Sherbiny reviewed the executive position and facilitations of the proposals of the General Authority for Tourism Development, and the tourism investment opportunities available in accordance with development plans. The Minister also presented the position of legalizing lands added to new cities.

The Minister explained the position of the Azbakeya Heritage Park development project, and the position of removing encroachments around the wall; So that the Ministry can complete all development work according to the specified timetable.

The Minister of Housing reviewed the development work of the Gun Club building and the timetable for its completion.

Engineer Sherif El-Sherbiny also presented a number of proposals to raise the efficiency and development of the Ataba Central Building, as well as developing the façade of the Opera Garage building and the timetable for its completion. He also reviewed the executive position on the development stages. Cairo Khedivial projects, where the development of 32 residential buildings and 220 commercial and administrative units was completed.

The Minister of Housing also reviewed the current executive position for the first phase of the Ras El Hekma area project, Pointing to the issuance of a decision to appoint a head for the Ras Al-Hikma City Authority, independent of the northwestern coast, in addition to providing a headquarters for the agency on the site, he reviewed the plan of the Shams Al-Hikma area, and also presented the executive position for the urgent phase of the first sector, with an area of ​​250 square meters. acres, as well as the urgent phase of the second sector with an area of ​​300 acres, and the urgent phase of the third sector with an area of ​​200 acres.

The minister touched on the establishment of an experimental school in the Shams al-Hikma area, where it was allocated Land to establish the experimental school on an area of ​​10,000 square metres. He also indicated the executive position of the project to annex the southern alternative area for the tribes.

Engineer Sherif El-Sherbiny touched on: The current executive position for the development of the Maspero Triangle area on an area of ​​75 acres, reviewing the elements of the project, which consist of alternative housing, the commercial and hotel tower, the main square, and the Nile Towers. He also referred to the executive position for the project to develop the Sur Mughal Al-Ayoun area, explaining that the project consists of 79 buildings. 1,924 housing units with an actual completion rate of 95%, indicating that road works and site coordination will be completed within a short period. The Minister also reviewed the executive position of the project components. Al-Fustat Gardens.

With regard to the executive situation in the New Administrative Capital, the Minister of Housing provided a detailed explanation of the work being implemented within the scope of the first phase and the work that has been implemented in coordination with the Capital Company. Administrative, as well as the position of the collector of units and lands for the third residential district, R3, and the residential district, R5.

Al-Sherbini also touched on reviewing the position of the central business district and the planned time programs. For deliveries, as well as the executive parking lot for the iconic tower, where interior finishing and furnishing work is currently underway for the apartments and hotel rooms, in addition to displaying the executive parking lot for the administrative towers, hotel and residential towers, and the hospital center. The executive parking lot for the Green River and the Central Park with its lakes is also displayed, and parking coordination works for the Arts Park. And the celebration square, the heritage park, the restaurant complexes, and the children’s play area.

The Minister of Housing, Facilities and Communities reviewed Al-Omraniya also discussed the implementation position of the turbid water lines project from the Nile to the New Administrative Capital, indicating that the project includes the implementation of 144 km long lines, triple lines with a diameter of 2200 mm, an outlet, 5 cranes, and a purification station. He also discussed the position of the treatment station in the New Administrative Capital, which aims to find a solution. Permanently to feed the city, as the first phase targets a capacity of 250 thousand m3/day, and is expected to be completed by the end of the year 2025.

Engineer Sherif El-Sherbiny discussed the implementation of utility networks in the New Administrative Capital, including the main water sources, where an additional water line with a diameter of 1000 mm is being implemented, and it is being trialled through Suez, bringing the total capacity to 180 thousand m3/day, in addition to the completion of the implementation of the New Cairo water line, 1000 mm in diameter, with a capacity of 125 thousand m3/day. He also addressed the situation of the main irrigation sources. for the capital, and the position of utility projects in various neighborhoods and regions of the New Administrative Capital, especially the position of lighting axes and roads.

The Minister of Housing, Utilities and Urban Communities moved to the position of developing the northwest coast, including the plan and rates. Work is progressing on the New Marina Lake project and the Lagoon Lake project.

The Minister also discussed the position of the “Your Home in Egypt” initiative, which aims to implement 500 units. And a residential villa, which includes 4,200 units in New Alamein, the New Administrative Capital, New Mansoura, 6th of October, Sheikh Zayed, and several tourist villages, in addition to 800 units in Madinaty and Al-Salam, targeting Egyptians residing and working abroad, explaining that it will take place during the month of next January. Launching a website to offer and reserve the initiative’s units, with the units scheduled to be offered beginning next February and for a period of time A month.

The Minister discussed the executive position of the New Alamein City projects, including the position of the housing units being implemented, the position of the beach towers with 15 towers for the first phase, as well as the position of the second phase of the towers. Beachfront with 9 towers, as well as the implementation status of the Mazarine Compound, the Latin Quarter, and Downtown projects.

The Minister discussed the status of the various housing projects in New Alamein City, including the distinguished housing project, which includes about 1,920 residential units divided into two phases, 1,876 of these residential units have been sold so far, and the “Misr Housing” project Which includes 128 buildings with 4,068 housing units, and the “Housing for All Egyptians” project. Which includes 1,992 residential units. Concrete and finishing work for these units is being carried out.

During the presentation, the Minister touched on the investment housing delivery plan in New Alamein, including what relates to the Downtown area, the Latin Quarter, the 700-acre compound, and the beach towers. He also pointed out that housing units are targeted for delivery within the “Housing for All Egyptians” project. Until the middle of next year.

The Minister also reviewed, during the meeting, the position of legalizing and reconciling the conditions of plots of land from the regions of the former state located south of the coastal road.  

  During the meeting, the Minister moved on to talk about the executive position of the project to develop the site of the Great Transfiguration in the city of St. Catherine, reviewing the completion rates for the project components: the visitor center, the Peace Building and Square, the development of the Deir Valley, the development of the Silsilah Ambush area on the Deir Valley path, the extension of the eco-lodge, and the mountain hotel. And the tourist resort at the top of the plateau, and the tourist bazaars, and the hotel resort in Zaytouna, and the new police complex, and the new government complex to provide services outside the tourist and entertainment areas of the city, in addition to the club. Social and development of the Bedouin housing area while preserving the visual and spiritual image of the place.

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