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Egypt announces completion of over 127,600 housing units

CAIRO, March 29, 2020

Egypt has announced that a total of 127,600 social housing units have already been constructed in three new cities -  Sadat City, 6th of October City and Badr City - across the country, said a report.
 
The housing ministry has executed 9,680 units of the social housing project in Sadat City, reported Arab Finance, citing Deputy Executive Director of the Social Housing Mortgage Finance Fund (SHMFF) Salah Hassan.
 
Hassan said that 6,100 additional units are currently under construction, it added.
 
In new 6th of October City, the ministry already accomplished 37,968 units, while 32,304 other units are being built.
 
In Badr City, the ministry has been constructing 79,968 units in the social housing project, while 26,976 new units are considered to be built.



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