ICEC

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.

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