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Housing Ministry, HDP review new cities project sales

Businessmen Team news 26 October 2025 08:10 PM
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Housing Ministry, HDP review new cities project sales

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities and Urban Communities, met with officials from Housing and Development Properties (HDP) to review the company’s marketing plan for several New Urban Communities Authority projects, as well as a number of investment opportunities. The meeting was attended by officials from the ministry and the company.

Engineer Sherif El-Sherbiny emphasized that the Ministry of Housing attaches great importance to effective cooperation and partnerships with the private sector. He noted that the ministry prioritizes maximizing the benefits of completed projects by enhancing their utilization across residential, service and investment fields. The ministry is also working in parallel to capitalize on the available investment opportunities in new cities to attract more local and foreign investments. These efforts aim to support the national economy, create job opportunities across various sectors and fully leverage the advanced infrastructure established in new urban communities.

During the meeting, participants reviewed the sales and marketing status of several projects, including “Westview” in Sheikh Zayed City, as well as ongoing marketing efforts for projects in New Alamein City and the New Administrative Capital. The meeting also discussed partnership-based investment opportunities between the ministry and Housing and Development Properties (HDP).