CITY SCAPE EGYPT 2016ACHIEVES GREAT SUCCESS 2من اصل2

Egyptian Minister of Housing, Utilities and Urban Communities, amid large-
scale regional and global presence of major real estate companies’
representatives.   Madbouly visited the booths of exhibitors, whose projects’
investment amounted to EGP150 billion. Madbouly told the leaderships of
companies that his ministry is keen on removing all obstacles and
challenges that face investors in the coming period. “The Egyptian Housing
Ministry takes such steps because the real estate sector is one of the most
significant sectors that attracts investments in Egypt and is related to some
100 important industries that provide millions of job opportunities,”
Madbouly explained.
Madbouly noted that the 2016 Exhibition is a real opportunity to review the
volume of growing businesses in the real estate sector. He added that there
was a high turnout by the clients, which proves that the local real estate
market has an increasing demand.
Madbouly pointed out that the real estate sector still supports the State’s
macroeconomics and will increase the growing rates in the coming decade
with the rise in projects to contribute to meeting the increasing demands on
real estate properties.
Cityscape Exhibition was preceded by Cityscape Egypt Conference, which
was attended by 50 representatives of major Egyptian and international
real estate companies. The representatives discussed the future of real
estate development in Egypt, in addition to several issues and challenges
that face the real estate investment market.