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El-Sherbiny reviews HDP marketing, investment plans in new cities

Businessmen Team news 02 February 2026 08:35 PM
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El-Sherbiny reviews HDP marketing, investment plans in new cities

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, met with officials from Housing and Development Properties (HDP) to review the marketing plan the company is implementing for several projects under the New Urban Communities Authority (NUCA), alongside a number of investment opportunities.

The meeting was attended by officials from both the Ministry and the company.

El-Sherbiny emphasized the Ministry’s commitment to expanding cooperation with the private sector, describing it as a key partner in driving urban development. He noted that the Ministry aims to maximize the benefits of implemented projects and enhance their operational performance across residential, service, and investment activities.

He explained that the Ministry is also working to fully leverage available investment opportunities within new cities. This approach contributes to attracting local and foreign investments, supporting the national economy, creating job opportunities, and ensuring optimal use of the advanced infrastructure developed across various urban communities.

During the meeting, officials reviewed the sales and marketing status of several projects, including “West View” in Sheikh Zayed City, as well as several projects in New Alamein City and the New Administrative Capital.

The meeting also discussed investment opportunities under the partnership framework between the Ministry and HDP.