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Egypt plans to invest EGP 136.4 bn (USD 87 million) in urban development during FY2020/21

Posted on November 17, 2020   |  

This is 18.5% of the country’s total investment plan for FY2020/2021 EGP 136.4 bln (USD 87 million) investment will be made in real estate activities where construction works will take 45.6 % of allocated amount, 28.5% water and 25.9% sanitation project Egypt aim is to grow Real Estate sector by 4.7% during fiscal year (FY) 2020/2021. Real estate grew by 3.7% in FY19/20