Egypt receives 50,000 housing unit as grant from oil rich neighbours

chika ebuzor

May 20, 2015 7:59 PM

The spokesperson for the United Arab Emirate says the grant will boost the housing project, which is aimed at improving services offered to citizens in the different governorates.

Egypt receives 50,000 housing units as grant from United Arab Emirate

The protocol (agreement) signing ceremony for the grant, was witnessed by United Arab Emirate’s Minister of State Sultan Ahmed Al-Jaber, the Chairman of the Coordination Office of United Arab Emirate -funded Development Projects in Egypt, and Egyptian Minister of Housing Mostafa Madbouly.

Officials say the grant will help provide 50,000 housing units for Egypt’s social housing scheme.

The spokesperson for the United Arab Emirate says the grant will boost the housing project, which is aimed at improving services offered to citizens in the different governorates, especially the rural and remote areas.

The social housing scheme will be on ground, in 36 areas in 17 governorates.

Egyptian government officials present at the protocol (agreement) signing ceremony, expressed their gratitude to the United Arab Emirate, adding that the country has benefitted from the oil rich state in many ways.

They cited the establishment of the solar energy station in the Siwa oasis, by the United Arab Emirate as one example.

chika ebuzor