The meeting, also attended by officials from the Housing Ministry and the New Urban Communities Authority, aimed to listen to the opinions and suggestions of the diaspora on the ministry's work.
El-Sherbiny welcomed the representatives, expressing his
pleasure at participating in the sixth edition of the Conference of Egyptians
Abroad. He affirmed his commitment to providing all possible support to meet
the needs of Egyptians abroad through the ministry's initiatives specifically
tailored for them.
The Minister highlighted two key initiatives for Egyptians
abroad. The first, "Beit Al Watan," provides land and residential
units in new cities, offering the Egyptian diaspora an investment opportunity
in their home country while strengthening their ties to Egypt.
The second initiative, "Baytak fi Masr" (Your Home
in Egypt), was launched during the last Conference of Egyptians Abroad and
included a diverse range of residential units. The initiative offered around
5,055 housing units with exclusive discounts of 3% to 10% on market prices and
flexible payment plans of up to 10 years. A second phase of the initiative,
offering 3,000 residential, administrative, and commercial units, is set to
launch in September 2025.
The delegation from the United States proposed ideas to
promote Egypt's comprehensive urban development to attract foreign investment
and encourage the diaspora to invest in their home country. The Union of
Egyptian Youth Abroad's delegation also presented a number of needs, including
providing training for young Egyptians in construction to prepare them for the
job market abroad and increasing the number of units available for
middle-income Egyptians abroad.
El-Sherbiny concluded the meeting by expressing his full readiness to meet the needs of Egyptians abroad, noting that they are permanent ambassadors for Egypt and the first line of defense for the Egyptian state abroad.