The New Urban Communities Authority in Egypt has unveiled new investment opportunities in Akhmim City, specifically designed to accommodate various commercial and logistical activities. These opportunities are part of the authority's efforts to boost economic growth and development in the region. The announcement was made on October 6, 2026.
The first investment opportunity is a commercial land plot, numbered 4, located in the second neighborhood of Akhmim City, within the 55-acre area north of the city, designated for social housing. The plot spans 1,235 square meters, with a price of 6,940 Egyptian pounds per square meter. The required down payment for the land is 10% of the total price, and the implementation period is set at four years from the date of receiving the land plot.
The second investment opportunity is a land plot designated for warehouses, numbered 300, situated in the fifth neighborhood of Akhmim City, within the warehouse area. The plot covers an area of 585 square meters, with a price of 2,280 Egyptian pounds per square meter. Similar to the first opportunity, the required down payment is 10%, and the implementation period is also four years. The land is intended for use as warehouses, excluding pharmaceutical activities.
Both investment opportunities come with specific construction requirements. For the commercial land plot, the construction ratio must not exceed 40% of the land area, with a maximum allowed height of a basement, ground floor, and two repeated floors. The required setbacks are five meters at the front and four meters on the sides and rear. For the warehouse land plot, the construction ratio is up to 65%, with a maximum allowed height of 15 meters, subject to compliance with civil defense regulations.
The payment and financing terms for both investment opportunities include a down payment of 10% of the land price, with the remaining balance to be paid in equal semi-annual installments over the four-year implementation period. The first installment is due six months after the allocation decision by the authority's board of directors. All installments will incur financial charges based on the interest rate announced by the Central Bank of Egypt at the time of due date, plus the rate specified by the Ministry of Finance and 0.5% administrative expenses.
These investment opportunities aim to attract investors to Akhmim City, promoting economic growth and development in the region. The New Urban Communities Authority is responsible for managing and overseeing the implementation of these projects, ensuring compliance with the specified terms and conditions. Interested investors can access more information and apply through the investor services portal.
The Egyptian government has been actively working to boost investment and economic growth through various initiatives and programs. The New Urban Communities Authority's announcement is part of these efforts, providing opportunities for investors to participate in the development of new cities like Akhmim. The projects are expected to create jobs, stimulate local economies, and improve the overall quality of life for residents.
Key points
- The New Urban Communities Authority has announced two investment opportunities in Akhmim City, offering commercial and warehouse land plots for sale.
- The investment opportunities have specific construction requirements and payment terms, including a 10% down payment and semi-annual installments over four years.
- The projects aim to promote economic growth and development in Akhmim City, creating jobs and stimulating local economies.
