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Country-Plan Projects and Tenders |
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7074 Subject |
40 % تخفيض علي سعر الاراضي للمشروعات الصناعية بالمدن الجديدة Government reducing land prices for industrial projects in New Cities by 40 % |
| Date Published | Monday, September 27, 2004 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
| Description | In an attempt to enhance industrial development, the government has reduced land prices for industrial projects in New Cities by 40 %. Measure is deemed in force immediately. Payment facilities are also offered to buyers. Land lots would now be offered at L.E. 50 per meter square. [No mention was given to public utilities]. Meanwhile the Government has also directed to rent existing low cost housing units, earlier offered only for sale, at those new cities |
| Sectors Section |
Beneficiary Sectors - Economy Economy |
