Egypt’s minister to receive HHD development plan next week: HCCD – ZAWYA

Egypt’s minister to receive HHD development plan next week: HCCD – ZAWYA

Egypt's minister to receive HHD development plan next week: HCCD | ZAWYA MENA Edition HomeBusinessConstructionArticleEgypt's minister to receive HHD development plan next week: HCCD The plan includes partnership agreements with some developers    Image used for illustrative purpose. A general view of construction equipments on the new road to Saint Catherine, in the Sinai Peninsula, south of Cairo, Egypt December 11, 2018. The development plan for the Heliopolis Company for Housing and Development (HHD) will be handed over to Minister of Public Enterprise Sector Hisham Tawfik next week.Talking to Daily News Egypt, Holding Company for Construction and Development (HCCD)Chairperson Hisham Abo El-Ata said the company will first meet with the HHD Board of Directors this week. During the meeting, the board will formulate the final plan before submitting it to the minister next week. The plan includes clear mechanisms and action plans for the HHD's development based on self-resourcing. It will also include partnership agreements with some developers to exploit a portfolio including plots of land, similar to the agreement signed with SODIC to develop 650 feddan in New Heliopolis.Talking to Daily News Egypt, Holding Company for Construction and Development (HCCD)Chairperson Hisham Abo El-Ata said the company will first meet with