Egypt’s USD 11.23bn to achieve urban development

06 Apr 2016

(MENAFN) In order to attain the Egypt 2030 vision, complete urban development must also be achieved with annual investments of USD 11.23bn.

Accordingly, developing this plan needs activation and diversification of available financial instruments, while it’s important to increase rates of foreign investments.

Moreover, the country’s 2030 vision needs the establishment and more expansion of new residential cities to accommodate the large population increase.

On the other hand, Cityscape group became the milestone in the development of the real estate market in Egypt over the past few years.

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