The Board of Directors of the “Urban Communities Authority” approves the draft budget for the fiscal year 2023/2024, with a total of 145.455 billion pounds
Assem El Gazzar
935138 The Board of Directors of the New Urban Communities Authority approved, in its meeting chaired by Dr. Assem Al-Jazzar, Minister of Housing, Utilities and Urban Communities, in the presence of a number of members, and the number The other, via video conferencing technology, is the draft budget of the New Urban Communities Authority for the fiscal year 2022 / 2024, in total 139.455 billion pounds.
Dr. Assem El-Gazzar reviewed the stages of development of the budget of the New Urban Communities Authority, as it was 60 billion and Million in the fiscal year 2014/2020, rose to 120 billion and million pounds, in the fiscal year 2020/2021, then to 127 billion and 145 million pounds, in the fiscal year 2021/2022, and became 139 billion and Million pounds, in the current fiscal year 2024/2021, and the approved budget for the next fiscal year is 2014/2022, 145 billion and 256 million pounds, an increase of 139 % of the fiscal year budget 890/2014.
935138 The Minister of Housing explained that the Authority New Urban Communities, works to develop 06 a new urban community Including 8 cities in the first generation, 9 cities in the second generation, and 8 cities in the third generation To 06 a new urban community “Fourth Generation Cities Work began on its development from the year 2014 until now, primarily the New Administrative Capital, New Alamein, New Mansoura, And others, in addition to the authority’s work in a number of national projects, including the development of the Sur Magra El-Oyoun area, Ain Al-Sira Lake, the development of the Maspero area, the Sawari West Carrefour project in Alexandria, and other projects.2024