Egypt launches $1.8bn project for 116,000 homes
CAIRO, August 22, 2016
Egypt’s New Urban Communities Authority (NUCA) has launched a project valued at EGP16 billion ($1.8 billion) to build 116,000 housing units in 6th of October City for the middle-income segment, a report said.
A total of 42,700 units are being built in the Bahariya Oasis, Minister of Housing Mustafa Madbouly as quoted as saying in the Daily News Egypt report.
The project includes four schools, four healthcare units, four units related to social service issues, a hall for special occasions, and places of worship alongside a playgrounds, a hospital, parking areas, two police stations, and a public market, he added.
A number of main roads in the city are also being developed, including the Bahariya Oasis road and South Dahshour road, he highlighted.
The development process includes replacing all surface intersections with bridges, in addition to expanding the South Dahshour road. The development of the roads in the area is estimated to cost EGP2.1 billion.
“The second phase of the water plant in 6th of October City, which will be capable of processing 400,000 cu m per day, is being implemented and is scheduled to enter operation in 2018,” said the minister. “The plant will meet the needs of the expansion projects and support development projects in the city, as well as feed all social housing project areas.”