NUCA executes 605,000 housing units in new cities

Egypt’s New Urban Communities Authority (NUCA), an agency under Ministry of Housing, is implementing 605,000 housing units in new cities, its vice-chairman Abdel Moteleb Mamdouh said Saturday.

Mamdouh further added that his authority plans to increase its budget to around 55 billion Egyptian pounds ($3.1 billion) within the financial year 2018/2019, compared with 40 billion pounds during the financial year 2017/2018.