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El-Sherbiny reviews investment opportunities with Founders Company in new cities

Businessmen Team news 07 April 2025 07:49 PM
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El-Sherbiny reviews investment opportunities with Founders Company in new cities

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities, held a meeting, Sunday, with officials from Founders Real Estate Marketing Company, to follow up on the company’s marketing rates and sales volume of some of the New Urban Communities Authority’s projects, as part of his periodic meetings with marketing and real estate development companies, in the presence of Ministry and Authority officials.

At the beginning of the meeting, El-Sherbiny stressed that the Ministry aims to maximize the benefits of investments in residential and development projects in new cities. He highlighted that the Ministry of Housing has recently implemented a large number of diverse housing units, and marketing and promotional plans have been developed for these units in various cities in cooperation with several real estate marketing companies.

He reviewed some of the mechanisms and details of the marketing plan for the coming period, and also presented a proposal for several investment projects. He emphasized that there are a number of different investment opportunities, and that efforts are underway to expand partnership projects with various companies across all investment types in the coming period, in accordance with several mechanisms that have been identified to suit all segments of investors and real estate developers. He reviewed the sales status of the units the company is marketing.