Egypt set to be one of the best places for real estate investments over next decade: EBA

Egypt set to be one of the best places for real estate investments over next decade: EBA

FILE -Real estate in Egypt







CAIRO - 10 November 2020: The state pays great attention to real estate investment and urban development as the largest contributor to economic growth, Vice-Chairman of the Egypt Businessmen Association (EBA) Fathallah Fawzi said.



This sector contributes about 16 percent of the GDP, Fawzi added, noting that privately-owned Egyptian projects constitute 70 percent of the total volume of investments in this industry.

Fawzy made his remarks while participating in a webinar organized