The New Urban Communities Authority (NUCA) expects the third phase of its social housing development tenders to the private sector to draw in nearly EGP 750 bn in new investments, according to Housing Ministry sources. The second phase of projects tendered under PPP framework, the results for which were due out this month, reeled in around EGP 500 bn. NUCA intends to launch phase three tenders after it announces results from phase two, which saw 21 companies make 36 offers for 12 land plots in three cities,

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