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Housing Authority approves new investment allocation system
The Minister of Housing and Utilities, Engineer Randa Al-Manshawi, announced the approval of a new allocation mechanism to ensure transparency and seriousness, aimed at directing land to the most capable companies to implement projects within the specified timeline. The system also seeks to provide greater flexibility for Egyptian and foreign investors in the processes of payment submissions and land utilization. These measures aim to improve allocation management and enhance the attraction of real estate and development investments.
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