Creating 26 real estate development areas

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24-2-2020

The total number of updated real estate development areas according to decisions issued by the Prime Minister in the various governorates has reached / 26 / updated real estate development areas, with a total area of ​​/ 4,308.91 / hectares, and the number of their homes is estimated at / 176 / thousand housing accommodating about one million people, at a total cost Up to / 703.68/ billion pounds at the prices of the history of the decisions of events.

With / 18 / regions under study and obtaining the necessary approvals from the various governorates, the number of licensed real estate development companies has reached a final license / 61 / companies with a total capital of / 3760 / million pounds, / 164 / million foreign investment pounds, i.e. a rate of (4.36%) ), At a time when the number of real estate development companies that obtained an initial establishment approval reached / 41 / companies with a total capital of / 2200 million pounds / 229.1 million foreign investment pounds, or 10.41%, and the proportion of foreign investment in Licensed real estate developers with a final license (4.4%).

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