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بوابة الشروق
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Deputy Ibrahim proposes real estate fund
Deputy Abdel Khalek Ibrahim has proposed a comprehensive vision for urban development in Egypt, emphasizing that the citizen should be the primary focus of development plans. The vision highlights the importance of improving citizens’ quality of life through support for national projects and the enhancement of the management and maintenance system for residential units. He also stressed the need to accelerate the completion of infrastructure projects, address issues in the relationship between developers and buyers, and regulate the older rental system, while taking advantage of vacant units and existing infrastructure. He suggested establishing an investment real estate fund that directs project revenues toward improving the quality of life. The plan also includes supporting social projects through partnerships with the private sector, aiming to achieve integrated development that positively impacts citizens and ensures sustainable urban growth.
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