Egypt Invests Millions in Urban Development, Housing Minister Announces

Taiwo Ajayi
2 Min Read
Assem El-Gazzar

During the “Story of a Homeland” conference in the New Administrative Capital, Housing and Urban Communities Minister Assem El-Gazzar revealed that Egypt has invested millions of dollars in new urban communities over the past nine years.

El-Gazzar stated, “In the past nine years, we have built 1.5 million housing units. We have worked to eliminate 357 unsafe areas by building more than 300,000 housing units at a construction cost exceeding 300 billion Egyptian pounds.”


He also mentioned the development of 24 new cities capable of accommodating 32 million people during this period. El-Gazzar attributed this increased urbanization to the country’s Decent Life Initiative, which has had a significant impact on economic development.

President Abdel Fattah El-Sisi attended the three-day conference along with representatives from various sectors of Egyptian society. The event included discussions highlighting the government’s achievements and addressing future challenges.

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Transport Minister Kamel Al-Wazir highlighted the infrastructure improvements under the Decent Life Initiative, noting the construction of 7,000 km of new roads. He added that Egypt’s national road network now spans 30,000 km, serving agricultural and industrial areas across the country.

Upon completion of the development plan, Egypt’s ports are expected to have a capacity for 400 million tons of goods and 40 million containers, with the ability to handle 30,000 giant ships annually.

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President El-Sisi commended the ministers for their efforts, stating that the success of the development program reflects the state’s commitment to serving the people.

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