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Construction Co-op President: 3000 subsidized units in Port Said
The article focused on the efforts of the Cooperative Housing and Construction Authority in implementing various housing projects in Egypt. It highlighted the completion of 3,000 housing units in Port Said, supported by the Authority, with financial assistance estimated at around 250,000 Egyptian pounds per unit, and a support value reaching 2,500 pounds per square meter. The Authority aims to expand its projects to include all governorates of Egypt, striving to achieve the goal of providing a housing unit for every citizen who has not received one from the state. Additionally, there are housing projects along the North Coast that include villa units, apartment buildings, and commercial developments. The Authority is also working on offering new land plots, especially in the Third Assembly area in New Cairo, for integrated residential community projects, with a focus on transparency and attracting investors. The Authority's president further explained that the Cooperative Housing Law requires updating to suit current conditions, and there are plans for further expansion and development within Egypt's cooperative housing sector.
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