Egypt Offers 84 Investment Opportunities Worth EGP 6.05 Billion Across 24 Cities
Egypt has offered 84 investment opportunities through the New Urban Communities Authority portal across 24 cities with a total value of around EGP 6.05 billion, led by plots in new cities.
Egypt announced the offering of 84 investment opportunities distributed across 24 cities, with a total value of approximately EGP 6.05 billion, through the electronic investor portal of the New Urban Communities Authority.
Sadat City, 10th of Ramadan, October Gardens, and New Asyut topped the list, with each recording seven investment opportunities—offerings that include commercial, administrative, and hotel activities.
Sadat City alone recorded seven opportunities valued at over EGP 1.4 billion, including a commercial hotel plot with an area of 51,000 square meters valued at nearly EGP 1.115 billion, making it one of the largest offerings on the list.
The highest price was recorded in New Cairo City at EGP 85,035 per square meter for a commercial-administrative plot, reflecting the variation in land values according to location, activity, and demand volume in the new offerings.
What do these terms mean?
Investment opportunity: A plot of land or project offered for sale or development by a government entity.
Price per square meter: The land value divided by its area, used to compare different locations.
New Urban Communities Authority: The government agency responsible for planning and launching new cities in Egypt.
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