
New capital or new real estate project?
The state operates on the logic of real estate investment and land trade, says Yahia Shawkat
The state operates on the logic of real estate investment and land trade, says Yahia Shawkat
The search for external funding led to a dispute between the Egyptian government and Alabbar, who asked that a part of the funding required to develop the first phase of the capital project be provided by Egyptian banks.
The Ministry of Transportation and the Ministry of Housing is carrying out the construction of 19 roads as part of the first stage of a national project spanning a total length of 1,710 km at a cost of EGP 23.5bn.