The state prioritizes the creation of urban communities that provide affordable housing suitable for different income groups, along with various services.
Housing ministry report shows 246,100 residential units completed in 2021/2022
The Egyptian state has successfully provided decent housing for its citizens over the past eight years through the implementation of hundreds of housing projects.
The state prioritizes the creation of urban communities that provide affordable housing suitable for different income groups, along with various services.
The government is responsible for constructing service buildings and delivering them to the relevant ministries and entities for operation, benefiting the population.
According to a report from the Ministry of Planning and Economic Development, around 500,000 people have benefited from the state's housing projects, costing EGP 1.2 billion.
This includes furnishing and equipping 20,600 housing units for families who have been relocated from unsafe areas to newly developed areas, at a cost of EGP 644 million.
The report also highlighted that the state has supported social housing and low-income families, with 78,400 Egyptian families benefiting from "Decent Housing" at a cost of EGP 574 million. The value of social housing and low-income support allocations amounted to approximately EGP 11.6 billion during the past eight years, compared to EGP 8.3 billion during the preceding eight years, with a growth rate of approximately 40%.
The Egyptian government's commitment to providing affordable housing for its citizens has not gone unnoticed. These efforts have been critical to addressing the country's housing challenges, and they have received positive feedback from many citizens who have benefited from these housing projects.
