In a move to support investment in the education sector, Egypt's New Urban Communities Authority has signed a contract to allocate a plot of land for the German International University. The allocated land, numbered 35, is located in the eastern extension of New Cairo, within the Bait Al-Watan services center. This 25,796.10 square meter plot will be used to establish a new university project, subject to the authority's approved regulations and conditions.
The decision to allocate land for the university aligns with the Egyptian government's vision of achieving integrated urban development. Minister of Housing, Utilities, and Urban Communities, Engineer Randa Al-Manshawi, emphasized that the development of modern cities goes beyond constructing buildings and units. It also involves providing various elements of quality of life, including educational, healthcare, and social services. The ministry aims to maximize the utilization of state assets, attract serious investments, and direct land towards projects that create real developmental value.
Dr. Walid Abbas, Deputy Minister of Housing for Urban Communities, stated that the New Urban Communities Authority is adopting a system that aims to improve the efficiency of land management and investment. The authority prioritizes serious projects that can add sustainable services to new cities. The allocation of land for the German International University project in New Cairo reflects this approach. Dr. Abbas assured that the authority's role does not end with contract signing or land allocation but extends to monitoring implementation and adherence to timelines and regulations.
Dr. Ahmed Reza Amara, Supervisor of the Real Estate and Commercial Sector and head of the Central Unit at the New Urban Communities Authority, highlighted the sector's efforts to establish a system based on seriousness, governance, and speedy completion of procedures. The sector also focuses on post-allocation monitoring to ensure that the allocated land is utilized for its intended purpose. Attracting international educational institutions to establish projects in new cities enhances the investment and developmental value of these cities and provides advanced educational services.
The contract was signed by Dr. Ahmed Reza Amara on behalf of the New Urban Communities Authority and Dr. Reinhold Lucker, Director of the German Institute for International Studies (GISC), on behalf of the German International University. This agreement is part of the authority's strategy to promote diverse activities and investments within new cities, support educational and service projects, and optimize land use. The move aligns with the growth rates of New Cairo, which is becoming an integrated city that attracts investment, housing, and services.
The German International University project in New Cairo is expected to contribute to the city's development and provide high-quality educational services. The project's implementation will be monitored to ensure adherence to the agreed-upon timelines and regulations. The allocation of land for this project demonstrates the Egyptian government's commitment to supporting the education sector and promoting investment in new cities.
The New Urban Communities Authority's decision to allocate land for the German International University reflects the government's efforts to create a favorable investment climate in the education sector. The project is expected to have a positive impact on the development of New Cairo and provide opportunities for students to access high-quality educational services. Key aspects of the project include its contribution to the city's growth, its role in promoting investment, and its potential to provide advanced educational services.
Key points
- The Egyptian government allocates 25,796.10 square meters for the German International University in New Cairo.
- The project aims to provide high-quality educational services and contribute to the city's development.
- The allocation of land for the university reflects the government's efforts to promote investment in the education sector.
