Egypt's New Urban Communities Authority is continuing to offer a range of investment opportunities through its digital platforms for both Egyptian and foreign investors. This initiative is in line with the directives of Engineer Randa El-Manshawey, Minister of Housing, Utilities and Urban Communities, to enhance the investment climate and facilitate procedures for investors. The goal is to support the state's efforts in digital transformation and governance.

The offered investment opportunities aim to attract capital and maximize the utilization of state-owned assets. According to Minister El-Manshawey, these offerings embody the state's strategy to achieve sustainable urban development and increase the private sector's contribution to implementing development projects in line with the goals of "Egypt's Vision 2030". The selected investment sites are chosen based on precise planning studies, located on main axes, regional roads, and areas with high population densities.

The sites are expected to enhance economic feasibility and achieve the highest investment returns for developers. The Minister added that the digital investment system relies on digitizing the entire workflow, from advertising and map uploading to electronic submission, evaluation, and decision-making. This process reduces time and effort and minimizes reliance on paper transactions. The governance system is based on unifying procedures between city authorities and applying uniform standards for evaluating applications.

The system also provides accurate and updated data, supporting transparency, integrity, and equal opportunities. Dr. Eng. Walid Abbas, Deputy Minister of Housing for Urban Communities, stated that around 78 investment opportunities were offered in Egyptian pounds to Egyptian companies through the "Investor Services Portal" in November 2026. The available spaces range from 500 square meters for small and medium projects to over 50,000 square meters for large projects.

In an effort to introduce new mechanisms to support real estate exports and enhance foreign currency inflows, approximately 50 parallel investment opportunities were offered through the "Foreign Investment Portal". These included 14 opportunities through a competitive bidding system and 47 through a priority reservation system. The offered spaces range from 1,000 square meters for small and medium projects to over 60,000 square meters for large and multiple-use projects.

Dr. Eng. Ahmed Ismail Gabr, Supervisor of the Planning and Projects Sector, noted that the offering data highlighted the diversity of investment activities, including over 15 activities such as commercial, administrative, medical, educational, sports, entertainment, hotel, tourism, and logistics. These opportunities are distributed across leading cities like New Cairo, New Alamein, 6th of October, Shorouk, Obour, New Obour, Badr, 15th of May, New Damietta, and Gardens of the Capital.

The investment opportunities also extend to Upper Egypt cities such as New Qena, New Taiba, and New Sohag. These integrated steps confirm the Ministry of Housing's commitment to relying on private investment as a fundamental pillar to support unprecedented urban expansion. This approach is especially significant in light of the boom in new cities and their attraction of government investments in basic infrastructure and utilities.

Key points

  • The New Urban Communities Authority offers around 78 investment opportunities in Egyptian pounds and 50 parallel investment opportunities for foreign investors.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.