Cityscape Egypt presents an excellent chance to enhance your property investment ventures in Egypt. Obtain entry to the most favorable and profitable chances for investment in Egypt's cut-throat real estate sector and put an end to the challenge of identifying the suitable investment to enhance your asset package.
With a greater demand for housing in new cities such as the New Administrative Capital but also New Alamein, New Mansoura, New Sphinx, New Obour, and West Assiut among others, the market is witnessing the deliveries of a large number of projects for primary & secondary housing. Cairo and its surroundings are expected to house up to 40M people by 2050.
As Egypt's population and economy continue to grow at a rapid rate, investing in the country's real estate market is as attractive as ever. The Egyptian government gives due care to developing the housing sector in Egypt and raising the quality of life for Egyptian people with the vision to building new cities.
Prime Minister Mostafa Madbouly said that Egypt plans to build 15 new fourth-generation cities in the coming years to house the country’s growing population, provide residents with high-quality amenities and services, create investment and job opportunities and reduce pressure on existing cities.
The existing projects include New Administrative Capital, New Alamein City, East Port Said (Salam), New Mansoura, New Ismailia, El Galala, New Sheikh Zayed, October Oasis, West Beni Suef, New Mallawi, Nasser (West Assiut), West Qena and New Toshka.