OPEN// PM tours residential units under expats Initiative in New Alamein
NEW ALAMIEN CITY, Egypt, April 12 (MENA) - Prime Minister Mostafa Madbouli on Saturday inspected units under the 'Your Home in Egypt' initiative at the Hassan Allam Towers in the beachfront area of New Alamein City.
The initiative is dedicated to Egyptians living abroad, offering them the opportunity to purchase residential units in most of the new cities, with flexible payment plans.
Madbouli toured a model unit to ensure the quality of construction and to review the progress of ongoing works.
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny told the premier that the first phase of the initiative includes 5,055 residential units, comprising apartments and villas across nine cities, including the beachfront towers in New Alamein. Some units are already available for immediate delivery.
He noted that the aim is to deliver all sold units by June 30, 2025, with full completion and handover of all units scheduled by March 31, 2026. (MENA)
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