Housing Ministry Launches Nearly 139 Investment Opportunities in New Cities for Egyptians and Foreigners in November
During November, the New Urban Communities Authority (NUCA) continues to offer a diverse package of investment opportunities via its digital platforms for Egyptian and foreign investors in both local and foreign currencies. This initiative aims to attract capital and maximize the utilization of state assets, in implementation of the directives of Eng. Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, to enhance the investment climate and support digital transformation.
Sustainable Development Strategy and Digitization of Procedures
Eng. Randa El-Menshawy affirmed that these offerings embody the state's strategy to achieve sustainable urban development and increase the private sector's contribution to development projects, in line with "Egypt Vision 2030." She noted that the offered locations were selected based on thorough planning studies along main axes and high-density areas to ensure the highest return on investment for developers.
The Minister added that the digital investment system relies on full workflow automation—starting from announcements, uploading maps, and electronic applications, down to evaluation and decision-making. She pointed out that the governance framework standardizes procedures and evaluation criteria across city authorities to uphold transparency and equal opportunity.
Details of Offerings for Egyptian Companies and the Foreign Investment Portal
For his part, Dr. Eng. Walid Abbas, Deputy Minister of Housing for Urban Communities, revealed the launch of approximately 78 investment opportunities in Egyptian pounds for local companies via the "Investors Services Portal" during November 2026, with areas starting from 500 square meters for small and medium enterprises (SMEs) and reaching over 50,000 square meters for major projects.
To support real estate export and boost foreign currency inflows, the Deputy Minister noted the parallel offering of nearly 50 investment opportunities through the "Foreign Investment Portal" (comprising 14 opportunities under the selection/comparison system and 47 under the first-come, first-served reservation system). These plots range from 1,000 square meters to over 60,000 square meters for major and mixed-use projects, catering to the needs of foreign investors and Egyptians living abroad.
Over 15 Investment Activities Across 13 New Cities
In the same context, Dr. Eng. Ahmed Ismail Gabr, Supervisor of the Planning and Projects Sector, explained that the offerings cover more than 15 diverse activities (commercial, administrative, medical, educational, sports, recreational, hospitality, tourism, and logistics), in addition to mixed-use projects.
These opportunities are distributed across 13 new cities, including New Cairo, New Alamein, 6th of October, El Shorouk, Obour, New Obour, Badr, 15th of May, New Damietta, and Capital Gardens, alongside Upper Egypt cities (New Qena, New Thebes, and New Sohag). He emphasized that the state's massive investments in infrastructure have transformed new cities into an attractive environment that reinforces investor confidence in the Egyptian real estate market.















