Mostafa Madboly: NUCA Budget DoubledSource: www.export-egypt.com 8/16/2014, Location: Africa |
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Housing Minister Mostafa Madboly said on 15/08/2014 that the budget dedicated to the development plan of the New Urban Communities Authority (NUCA) will be increased from EGP 7.3 to EGP 14 billion.
"This is to accomplish the underway projects as soon as possible," the minister said during a meeting with NUCA officials. Madboly also called for providing all utilities for the new 25,000-feddan development plan. The Minister stressed that his new policy is based on encouraging companies to pump more investments into the Egyptian market. |
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