El-Sherbiny stated that the visit aimed to assess the
progress made since his previous tour, particularly in housing projects,
investment opportunities, and utility infrastructure across the city. He
directed that an inventory of residential land plots be prepared and offered to
investors in Sadat City, noting that this approach should be implemented across
all cities, especially those experiencing high demand for residential land.
The Minister instructed NUCA officials to regularly monitor
all signed contracts, licensing procedures, and project implementation
processes. He emphasized that investor contracts must be finalized within a
maximum of two weeks and stressed the need to establish a follow-up mechanism
to ensure timely issuance, in a move aimed at streamlining procedures for
investors.
Engineer Yasser Abdel Halim, Chairman of the Sadat City
Authority, gave a detailed presentation on the city’s investment prospects and
expected economic and development returns for the 2024/2025 fiscal year. He
highlighted a major breakthrough in planning and allocating previously unused
land, covering 10 diversified development axes with a total area of 600 acres,
in coordination with NUCA’s Planning and Projects Sector.
The Minister also reviewed the progress of several housing
projects, including 1,986 units in the Green Housing Axis under the
presidential initiative “Housing for All Egyptians” in the Al-Fardous
neighborhood, and 520 units in the “Diarna” middle-income housing project. He
also followed up on ongoing efforts in landscaping, green space maintenance,
and plans to offer facilities under usufruct agreements.
El-Sherbiny further inspected the status of residential land
plots across the city, as well as vacant commercial units and professional
spaces slated for public and investor offerings. In the electricity sector, he
reviewed key accomplishments, including the completion of the Beshay–Nubaria
line to serve the Eighth Industrial Zone; energizing the Eighth Industrial
Station, which supplies electricity to approximately 1,300 industrial plots;
powering several distribution units in the same zone; awarding contracts to
implement the electricity grid for the Narges neighborhood to supply 5,000
residential plots; developing the grid for Al-Fardous neighborhood; and
finalizing the design and approval of a new distributor for the Developers
Station expansion.
The Minister also reviewed the status of drinking water and
irrigation networks, wastewater systems, and ongoing utility projects—covering
water, sanitation, and road leveling—as well as broader development initiatives
across the city. He also inspected the roadside advertising system and its role
in urban aesthetics and revenue generation.
El-Sherbiny directed that all available and vacant plots be
offered to investors to fully capitalize on the city's potential. He also
called for the preparation of a detailed timeline for all ongoing works and the
development of contingency plans to overcome potential obstacles, ensuring the
uninterrupted progress of projects.