Attendees included Major General Mohamed Moustafa, Managing
Director and CEO of the Holding Company for Construction and Development, Essam
Abdel Fattah, Financial and Administrative Managing Director of the Holding
Company, Ashraf Abdallah, Chairman of Al Nasr Housing Company, and Ibrahim
Ramadan, Managing Director and CEO of Al Nasr Company.
Discussions focused on the progress of ongoing projects by
Al Nasr Company, both independent and in partnership with the private sector.
The board also reviewed challenges hindering some projects and explored
solutions to boost the company's competitiveness and ensure sustainable
returns.
Shimi thanked the previous board for their efforts,
emphasizing the ministry's dedication to enhancing performance and management
systems. He also stressed the importance of effective integration and
coordination among affiliated companies, along with adhering to high standards
of quality, efficiency, and sustainability in all projects.
The Minister underscored the importance of improving
customer service and promptly addressing client needs, calling it a key
performance indicator. He also highlighted commitments to occupational safety,
health, environmental protection, and accelerating project timelines. Shimi
called for a clear strategy with measurable implementation plans to ensure
continuous performance improvement.
Additionally, Shimi directed the company to create a clear
plan for utilizing its real estate assets to maximize returns and economic
benefits. He stressed the importance of governance, transparency, and
accountability to improve efficiency and optimize resource use. Shimi also
called for clear, measurable performance indicators to monitor progress across
all departments and projects, stating that genuine institutional transformation
begins with sound governance and professional performance oversight.
Al Nasr Housing and Development Company is one of Egypt's oldest real estate developers with a long history of achievements, Shimi noted. He urged the new board to intensify efforts and work diligently to achieve a qualitative leap in the company's performance, benefiting the national economy.