The New Administrative Capital Company for Urban Development (NACCUD) has cut the required downpayment for real estate developers on land in the new administrative capital to 10%, from an initial 20%, Hapi Journal reports, citing unnamed sources from the state-owned company. NACCUD will also be extending loan repayment schemes by one year as part of its incentive program. Investors willing to make 25% down payments in USD will also receive special privileges in land allotments.

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