Egypt Implementing 172.000 Housing Units with EGP26 billion: Minister

Minister of Housing Mostafa Madbouly asserted that 172.000 residential units is being implemented with EGP26 billion investments.

On the sidelines of the Minister’s visit to Assiut with the Prime Minister Ibrahim Mahlab, the Minister explained that these Units are among ‘One Million Housing Project’ which will be implemented by Ministry of Housing through 450 Egyptian Contracting companies.

The project allowed operating 250 thousand individuals, stressing that the first phase of the project started with 224 thousand units, Madbouly added.