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2026-10-14T10:43:40.000Z

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Housing Minister seeks to leverage NUCA assets

Housing Minister seeks to leverage NUCA assets

Minister of Housing, Engineer Randa Al-Manshawy, discussed with officials from the Authority ways to maximize the economic benefit and financial returns from the assets of the New Urban Communities Authority. This includes establishing an investment fund for real estate and a diversified portfolio of property assets aimed at attracting local and foreign capital and expanding sources of funding. She emphasized the importance of exploring various investment models to enhance the value of the assets and achieve sustainable revenues that support urban development projects and expansion into new cities.

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