The Egyptian Ministry of Housing, Utilities and Urban Communities has announced the launch of new investment opportunities in various new cities to support investment and maximize available investment opportunities in the city. This move aims to enhance the participation of the private sector in urban and economic development efforts. The ministry has introduced these opportunities through the Investor Services Portal affiliated with the New Urban Communities Authority.
One of the investment opportunities is a plot of land in the extension of the city services center in the eighth neighborhood of New Tiba City, with a comprehensive urban activity. The land has an area of 42,000 square meters and is priced at 2,865 pounds per meter. Another opportunity is a plot of land, numbered 224-225, in the warehouses area of the industrial zone, designated for warehouses excluding pharmaceuticals and food, with an area of 701 square meters and a price of 2,000 pounds per meter.
The investment opportunities also include a plot of land in the services area of the entrance to New Tiba City, designated for educational activities, specifically a school, with an area of 5,000 square meters and a price of 4,205 pounds per meter. Additionally, there is a plot of land in the warehouses area of the industrial zone, designated for food warehouses, with an area of 6,000 square meters and a price of 2,000 pounds per meter.
Furthermore, a plot of land is available in the services area of the entrance to New Tiba City, designated for medical activities, with an area of 4,699 square meters and a price of 4,920 pounds per meter. These investment opportunities aim to support sustainable development and enhance economic and service activities in New Tiba City.
To apply for these investment opportunities, interested parties must follow several steps. First, they need to create an account on the website. Then, they must activate their account via email. Next, they should choose the city and the suitable opportunity, review the details, and upload the required documents. Finally, they can submit their application electronically through the Investor Services Portal.
The application process for these investment opportunities is available on the Investor Services Portal website and will continue until October 15, 2026. This initiative is part of the efforts of the New Urban Communities Authority to create a favorable investment climate and support sustainable development in new cities.
The launch of these investment opportunities aligns with the Egyptian government's goals to enhance the participation of the private sector in urban and economic development. By providing a range of investment options in various sectors, the government aims to stimulate economic growth and improve the quality of life in new cities.
Key points
- The Ministry of Housing has launched new investment opportunities in New Tiba City, with land prices reaching 4,920 pounds per meter.
- The investment opportunities cover various sectors, including education, healthcare, and warehousing.
- The application process for these opportunities is available online until October 15, 2026.
