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Heiba: Plan to promote real estate projects outside Egypt

فريق رجال الأعمال عقارات 15 April 2025 09:44 PM
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Heiba: Plan to promote real estate projects outside Egypt

Counselor Hossam Heiba, Chairman of the General Authority for Investment and Free Zones (GAFI), revealed the authority's plan to begin promoting Egyptian real estate projects abroad to increase real estate export rates.

Heiba said that Egypt is an attractive market for real estate investment. As a result of the increasing population growth, which creates more demand for residential units, which has led to a great diversity of projects and units between residential, commercial, administrative and tourism, pointing to the necessity of strengthening partnerships between the public and private sectors and providing incentives to developers wishing to help the state implement housing units for the middle class.

He stressed that the GAFI is ready to make its promotional capabilities available to serve real estate export, stressing the need for concerted efforts between the government and investors, expanding current initiatives, and transforming current challenges into investment opportunities.