Home Feature Egypt’s gov’t invests EGP 23.5bn in 103k residential units in 2020

Egypt’s gov’t invests EGP 23.5bn in 103k residential units in 2020

by Amwal Al Ghad English

The Egyptian Ministry of Housing, Utilities, and Urban Communities built about 103,000 residential units at a total cost of 23.46 billion Egyptian pounds in 2020.

The established units included 50,000 units in Sakan Misr, 13,300 alternative housing units for slum residents, 33,300 middle-income housing units, 5,300 luxury housing units, 416 units in the Bedouin project, and 383 units in Nubian housing rehabilitation projects, the Minister of Housing, Assem El-Gazzar, said.

Over the course of 2020, the ministry established 43 drinking water projects at a capacity of 447,500 cubic metres per day and a cost of 5.4 billion pounds, 42 urban sanitation projects at a capacity of 525,500 cubic metres per day and a cost of 6.6 billion pounds, and 148 rural sanitation projects at a cost of 5.1 billion pounds.

In addition, a total of 24 road projects were constructed at total lengths of 243.4 kilometres and a cost of 3.1 billion pounds.

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