Deputy Minister of Housing: Egypt is the largest real estate developer in the world, undisputedly

20220328 Ashraf Tawfiq

Khaled Abbas, Deputy Minister of Housing for National Projects, revealed that Egypt proved, during its participation in the MIPIM International Real Estate Exhibition, that it is the largest real estate developer in the world due to its success in establishing giant real estate projects. Abbas added to the journalist Mohamed Serraj, through the segments of the “Al-Jadaan Real Estate” program on Al-Qahera Wal-Nas 2 TV, that the Egyptian pavilion at the MIPIM International Real Estate Exhibition reflected the huge development in the real estate sector, which the government is doing in coordination with the private sector, an experience that drew the world’s attention and attracted Many international real estate funds to invest in Egypt.

He explained that the goal of Egypt’s participation in the international exhibition is to search for new marketing opportunities For the real estate sector, and therefore Egypt was the official sponsor of the exhibition, and also chose a distinguished location for its large pavilion, which included the most famous real estate companies in Egypt and explained the best real estate projects, which attracted many international real estate funds To invest in Egypt.