Egypt targets higher returns from real estate assets

Egypt’s Ministry of Finance clarified that the government’s goal is to optimise the use of vacant land and aging buildings owned by the Ministry to increase returns, rather than selling productive assets.

The Ministry aims to enter into public-private partnerships (PPP) to manage real estate assets efficiently. The Ministry of Finance highlights its commitment to creating greater revenues for social development and protection programmes. This will be achieved, in part, by maximising returns from state-owned real estate assets.

Attribution: Egypt’s Ministry of Finance statement