#infrastrcuture
Egyptian Minister of Housing Mostafa Madbouly announced the government is planning to build one million homes over the next five years, Reuters reported. According to Reuters, Madbouly said the project will cost nearly USD 20 billion and is aiming to mitigate the increase of slums around Cairo. While Madbouly estimates that the government would need to create around half a million housing units annually to keep up with the demand, this project will secure the building of 200,000 houses per…
