The offerings are available via the New Urban Communities Authority's (NUCA) Investor Services Portal website, aligning with the ministry's intensified efforts to release investment lands in new cities and support comprehensive development and urban expansion.
Applications must be submitted
electronically through the Investor Services Portal. Full details, terms, and
conditions are available on the site. The application period runs until November
15.
Minister El Sherbiny stated that
the move is part of the government's drive towards digital transformation,
aiming to simplify procedures and facilitate services for investors without the
need for direct paper-based transactions.
He stressed the importance of
expanding the range of investment and service activities, providing more
educational, commercial, administrative, and medical services. This, he noted,
will enhance the standing of the new cities and support the state's direction
towards attracting serious investments that contribute to driving development
and achieving Egypt's Sustainable Development Vision.
Engineer Mahmoud Mourad, Head of
the New Obour City Development Authority, detailed the available investment
lands:
Plot No. 38: An area of 63,732 m²
for an Educational (University) activity, located in the Regional Services Area
along the Cairo/Ismailia Desert Road.
Plot No. 6A: An area of 8,928 m²
for a Commercial activity, located along the Cairo/Ismailia Desert Road.
Plot No. 50A: An area of 8,055 m²
for Commercial/Administrative activity, located along the Cairo/Ismailia Desert
Road.
Plot No. 108: An area of 1,716 m²
for Commercial/Administrative activity, located in District 39.
Plot No. 158: An area of 1,876 m² for a Medical activity, located in District 39.