The Ministry of Housing, Utilities, and Urban Communities continues to roll out new investment opportunities as part of its strategy to make prime land available in well-located areas across new cities. This initiative is designed to meet investor demand while advancing the growth of industrial and service sectors.
Premium Investment Land Plots Now Available
The ministry has announced a fresh offering of investment land plots in New Taiba City under the immediate allocation system. Prices range from EGP 1,990 to EGP 2,000 per square meter, with booking requiring a down payment of just 10% of the total plot value.
The offering features multiple plots, including numbers “642 – 643 – 653 – 654,” with a combined area of 24,000 square meters, designated for storage activities (excluding pharmaceutical and food-related uses).
Additional plots, numbered “494 – 495 – 496,” span 4,900 square meters and are allocated for the same purpose within the storage zone of the city’s industrial area.
The ministry noted that applications for these opportunities can be submitted electronically through the investor services portal of the New Urban Communities Authority, simplifying procedures and improving accessibility for investors.
Supporting Investment Growth in New Cities
This step aligns with the state’s broader efforts to encourage investment in new urban communities, enhance industrial and service activities, and offer appealing opportunities through flexible allocation and payment systems.