Egypt Launches Foreign Investment Portal to Streamline Land Investments in New Cities

Currently, progress is being monitored on road construction spanning 4800 acres in the Sixth Settlement area of New Cairo City.

According to Dr. Assem El-Gazzar, Minister of Housing, Utilities, and Urban Communities, the southern extension of New Cairo City, situated south of the Ain Sokhna/Katameya Road, will significantly boost development rates and create numerous job opportunities.

He emphasized that the area has been meticulously planned to accommodate a diverse range of activities, including residential, commercial, tourism, and entertainment ventures.