Ibrahim stated that the authority has allocated EGP 50
billion in the 2025/2026 fiscal year budget to complete infrastructure,
service, and housing projects, in line with the implementation schedule set for
ongoing developments.
He noted that total spending on housing projects to date has
reached EGP 150 billion, with 41,000 units under construction at various
levels, and progress advancing to late implementation stages.
Ibrahim added that 8,000 housing units have already been
delivered in the Sakan Misr, Latin District, Distinguished District, Beach
Towers, and Mazarine Compound projects. The plan also targets handing over
10,000 additional units to beneficiaries before the end of 2025.