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Founders Real Estate to market Ministry of Housing projects

Businessmen Team news 14 October 2025 02:17 PM
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Founders Real Estate to market Ministry of Housing projects

Housing Minister Engineer Sherif El-Sherbiny held a meeting with officials from Founders Real Estate Development Company to review investment opportunities and the company's promotional plan for marketing several projects under the New Urban Communities Authority (NUCA), the ministry announced on Tuesday. The meeting, attended by ministry and NUCA officials, is part of a series of follow-up sessions by the minister on sales, deliveries, and marketing efforts for ministry projects.

El-Sherbiny stressed that the ministry aims to maximize the benefit from the investments poured into residential and development projects across new cities and various areas. He noted that the Ministry of Housing has implemented a large number of diverse projects recently, leading to the development of marketing and promotional plans for these units in various cities, in cooperation with several real estate marketing companies. This, he added, is in line with the state's direction towards increasing partnerships with the private sector.

The Minister reviewed proposed investment projects in several new cities, asserting that there are diverse investment opportunities and a focus on expanding partnership projects with different companies across all investment models in the coming period. This expansion will follow a set of determined mechanisms designed to suit all segments of investors and real estate developers.

El-Sherbiny also reviewed the sales status of the units the company is marketing in the New Administrative Capital.