Why Egypt

 

Egypt has enjoyed security and political stability and an attractive economic climate in the last seven years. 

Many mega development projects have been executed in various sectors, including new and smart urban cities with various opportunities, in addition to infrastructure projects. 

On top of these projects are the network of roads that brought to life several parts of the land of Egypt, and managed to connect cities and governorates.

The National Roads Project that developed 7000  km of new lifelines is one of the major projects that trigger an unprecedented urban boom in Egypt.

The political leadership has been keen to execute the major projects through utilizing the world-class expertise.

 In the road projects, Engineer Hani Azer who is considered as the most famous tunnels’ expert in the world was on the top of the experts consulted.

 In the field of medical projects, Professor Sir Magdi Yacoub, one of the world’s most respected cardiac surgeons, was present with his world-class expertise. In fact, this reflects the execution of projects with highest quality taking into account nothing but specialization.

Real investment opportunities in Egypt, backed by increasing demand in various sectors, make it a promising market at all levels. Egypt’s population exceeds 103 million, most of them are young people who need to build and form a new life with integrated services, including apartments, hospitals, schools, commercial services, and others.

Egypt is also currently adopting a new thought and strategy in urbanization. 

In the first generations of the cities of the new urban communities, the state thought was to sell lands to developers, and then conditions would be reconciled after that, provided that road and service projects to be executed after achieving a high percentage of occupancy. 

This made it difficult to attract population masses, and consequently, slowed the entry of investments into many cities.

Currently, it is completely different in the thought of the current leadership, so that the execution of roads and services takes place before selling lands to investors or delivery and occupancy of housing units, which quickly creates added value to them.

The new cities in Egypt and the strategy adopted by the New Urban Communities Authority (NUCA) in terms of offering lands completely eliminated the scarcity factor the sector had experienced in previous years, and thus emerged many opportunities for investors.

Consequently, investors have great opportunities to execute promising projects, depending on the investment components of land, infrastructure, utilities and services.

However, there is a very important factor; the human force represented by the youth, who constitute about 60% of the age structure of Egypt.

Not only are young people the key to the demand for real estate and the success of companies’ investment plans through buying units only, but in fact they are the way to the success of companies in Egypt as they are the workforce, engineers, administrators, marketers and others. Paying attention to young people is one of the important aspects that the political leadership has focused on for being the real builders of the future.

Finally, the investor has all the ingredients necessary to achieve real profits and investment returns that are the highest in the world. 

What is required is only good studies and serious implementation in line with the rapid rates of development pursued by the state.