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Egypt Independentegyptindependent.com

PM: State supports development across all sectors (opens original article in a new tab)

TL;DR

Prime Minister Mostafa Madbouly emphasized government support for development across all sectors, including real estate, during a strategic partnership signing. The new project in New Cairo involves $3.1 billion in investments. The updated State Ownership Policy identifies real estate as a key sector for private sector involvement.

  • PM Mostafa Madbouly stated government supports development across all sectors, not just real estate.
  • New Cairo project covers 553 feddans with $3.1 billion in investments.
  • State Ownership Policy highlights private sector's role in real estate and economic growth.

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