Economy Country February 25, 2025

Egypt to Launch 400,000 Housing Units

The Egyptian Cabinet has announced the initiation of the process to launch 400,000 housing units as part of the 'Housing for All Egyptians' initiative, with reservations now open.


Egypt to Launch 400,000 Housing Units

The Egyptian Ministerial Cabinet announced the start of the procedure for offering 400,000 housing units as part of the "Housing for All Egyptians" initiative. It is planned to open the reservations.

Prime Minister Mostafa Madbouli reiterated that this initiative is being carried out in cooperation with the national project of the state to provide housing for the population. Abdel Wahab Magdy, Minister of Housing and Urban Development, added that this step represents an extension of the government's efforts in the field of housing construction.

"The goal of this initiative is to provide accessible high-quality housing for all segments of society, including the middle class," noted Madbouli.