Expatriates Support "Your Farm in Egypt"
A report has been conducted on the "Your Farm in Egypt" initiative, launched by the New Egyptian Rural Development Company, aimed at encouraging Egyptians abroad to participate in land reclamation projects. The initiative received 4,500 applications within just three days of opening for submissions, and so far, contracts have been signed with 147 beneficiaries covering an area of 7,600 acres. Preparations are underway for the second phase. The initiative provides an online platform that allows Egyptians abroad to submit applications and track contract status, in coordination with the Ministry of Foreign Affairs and Banque Misr. The platform also facilitates payment processes and simplifies procedures, with the goal of attracting the largest possible number of Egyptian investors abroad to participate in major national projects.
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