{"id":547410,"date":"2022-06-21T04:21:22","date_gmt":"2022-06-21T04:21:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/"},"modified":"2022-06-21T04:21:22","modified_gmt":"2022-06-21T04:21:22","slug":"a-regulatory-overhaul-cometh-to-real-estate-developers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/","title":{"rendered":"A regulatory overhaul cometh to real estate developers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The Madbouly<\/strong><strong> cabinet<\/strong><strong> imposed a slate of <\/strong><strong>new regulations<\/strong><strong> for real estate <\/strong><strong>players yesterday designed to protect consumers and reduce market risk<\/strong>, it said in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02SfVuTxUq3iT7tzQPJKD7VwXeP4DYFAAEqbxALG6VuaWnvBaGm5V4cMdyiJdP9ynxl\">statement<\/a> yesterday. The new regulations set how and when developers can start marketing units and how much of their own capital they must put up for a project. Furthermore, they require developers to submit semi-annual reports on their projects and activities, create separate bank accounts for each of their projects, and be subject to financial auditing.<\/p>\n<p><strong>Developers are now required to divide each project into phases<\/strong>, with each phase subject to approvals from the Housing Ministry before it can move forward with sales from the next phase.<\/p>\n<p><strong>Liquidity requirements: <\/strong>Developers must prove that they are able to fund a portion of each phase of their projects by depositing in the account an amount determined by the size of the project. Developers will need to deposit:<\/p>\n<ul>\n<li><strong>3%<\/strong> for projects <strong>larger than 1k feddans<\/strong>;<\/li>\n<li><strong>5%<\/strong> for projects spanning <strong>500-1k feddans<\/strong>;<\/li>\n<li><strong>10%<\/strong> for projects spanning <strong>100-500 feddans<\/strong>;<\/li>\n<li><strong>15%<\/strong> for projects spanning <strong>50-100 feddans<\/strong>;<\/li>\n<li><strong>At least 20% <\/strong>of the value of projects spanning <strong>less than 50 feddans<\/strong>.<\/li>\n<\/ul>\n<p><strong>But there are exemptions: <\/strong>Developers that have already built the equivalent of at least 10% of the largest tier of projects (over 1k feddans) will be exempt from the deposit requirement. They would be exempt from the requirement if they build 15% of a 500-1k feddans development, 20% of a 100-500 feddans plot; 25% of 50-100 feddans; and 30% of projects less than 50 feddans. This seems to indicate that the government is scrapping a proposed rule that would have prevented developers from selling units until at least 30% of the project had been completed.<\/p>\n<p><strong>Money will need to be kept aside in case of refunds:<\/strong> Companies will also need to keep aside money equal to 5% of the value of units sold to cover potential refunds. In the case of delays that exceed two years, buyers can choose to receive a 100% refund on the unit within three months of submitting a formal request.<\/p>\n<p><strong>Separate account for debts and maintenance: <\/strong>Any developer that has obtained a loan is required to open a debit account in a bank for the project, which will be used to make loan repayments. Developers must set up a separate account for maintenance fees collected from buyers. Those fees cannot be used as part of the funds for project phases.<\/p>\n<p><strong>New reporting requirements:<\/strong> Developers will need to submit semi-annual audited financial reports to the ministry. The reports will have to be submitted within 45 days of the end of the first half of the fiscal year on 31 December and the end of the fiscal year on 30 June.<\/p>\n<p><strong>Developers must commit to the timeframe approved by the ministry<\/strong>, and submit regular technical reports with updates on construction progress. Developers who miss their deadline will have six additional months to complete the project, before which they will be subject to the legal penalties identified in their project contracts with the ministry.<\/p>\n<p><strong>When will they come into effect? <\/strong>We have not read the decree in yesterday\u2019s Official Gazette, but Tarek Shoukry, head of the real estate division of the Federation of Egyptian Chambers of Commerce and Arabia Holding chairman, told Enterprise that the regulations came into effect yesterday.<\/p>\n<p><strong>Crucially, this is not a retroactive bill, <\/strong>which means it will be applied only to new and ongoing projects.<\/p>\n<p><strong>T<\/strong><strong>here will be a year-long grace period<\/strong> for developers to bring their practices in line with the new regs, Shoukry tells us.<\/p>\n<p><strong>We already knew this was coming: <\/strong>The cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/648075fa-e6b2-49d9-b251-496574617fba\">greenlit<\/a> the regulations back in December, though at the time they lacked detail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Madbouly cabinet imposed a slate of new regulations for real estate players yesterday designed to protect consumers and reduce market risk, it said in a statement yesterday. The new regulations set how and when developers can start marketing units and how much of their own capital they must put up for a project. Furthermore, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7371],"tags":[72,100,83,343,871],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547410","post","type-post","status-publish","format-standard","hentry","category-real-estate","tag-enterpriseam","tag-policy","tag-real-estate","tag-regulation","tag-regulation-watch","wpautop","entry"],"acf":{"mongo_id":"96efd023-2dc2-44a6-9601-6875bed5bec4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547406],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A regulatory overhaul cometh to real estate developers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A regulatory overhaul cometh to real estate developers\" \/>\n<meta property=\"og:description\" content=\"The Madbouly cabinet imposed a slate of new regulations for real estate players yesterday designed to protect consumers and reduce market risk, it said in a statement yesterday. The new regulations set how and when developers can start marketing units and how much of their own capital they must put up for a project. Furthermore, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-21T04:21:22+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A regulatory overhaul cometh to real estate developers\",\"datePublished\":\"2022-06-21T04:21:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\"},\"wordCount\":607,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"policy\",\"real estate\",\"regulation\",\"regulation watch\"],\"articleSection\":[\"Real estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\",\"name\":\"A regulatory overhaul cometh to real estate developers - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-06-21T04:21:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A regulatory overhaul cometh to real estate developers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A regulatory overhaul cometh to real estate developers - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/","og_locale":"en_US","og_type":"article","og_title":"A regulatory overhaul cometh to real estate developers","og_description":"The Madbouly cabinet imposed a slate of new regulations for real estate players yesterday designed to protect consumers and reduce market risk, it said in a statement yesterday. The new regulations set how and when developers can start marketing units and how much of their own capital they must put up for a project. Furthermore, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-06-21T04:21:22+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"A regulatory overhaul cometh to real estate developers","datePublished":"2022-06-21T04:21:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/"},"wordCount":607,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","policy","real estate","regulation","regulation watch"],"articleSection":["Real estate"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/","name":"A regulatory overhaul cometh to real estate developers - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-06-21T04:21:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/21\/a-regulatory-overhaul-cometh-to-real-estate-developers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"A regulatory overhaul cometh to real estate developers"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":553367,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/01\/under-a-watchful-eye\/","url_meta":{"origin":547410,"position":0},"title":"Under a watchful eye","author":"enterpriseam admin","date":"1 December 2021","format":false,"excerpt":"Real estate developers may soon be coming under closer scrutiny after the Madbouly cabinet yesterday greenlit new regulations designed to protect consumers and reduce market risk, it said in a statement following its weekly meeting.Don\u2019t read the statement expecting clarity: Cabinet provided zero details on the regulations that may soon\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/194.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547486,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/23\/what-do-real-estate-players-think-of-the-new-regulations-for-the-sector\/","url_meta":{"origin":547410,"position":1},"title":"What do real estate players think of the new regulations for the sector?","author":"enterpriseam admin","date":"23 June 2022","format":false,"excerpt":"POLL- Real estate players react to the government\u2019s new regulations: Real estate developers are facing new regulations designed to protect consumers and reduce market risk. Announced by the government on Monday, the rules impose new reporting and financial requirements on developers, with projects facing closer scrutiny by the Housing Ministry.\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/282.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557532,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/22\/real-estate-firms-could-soon-face-closer-regulatory-scrutiny\/","url_meta":{"origin":547410,"position":2},"title":"Real estate firms could soon face closer regulatory scrutiny","author":"enterpriseam admin","date":"22 September 2021","format":false,"excerpt":"Real estate companies could face closer regulatory scrutiny under proposals designed to mitigate risk in the sector, a senior Housing Ministry official suggested in remarks to reporters on the sidelines of the Cityscape industry conference in Cairo.What\u2019s the proposal? Vice Minister for Housing Khaled Abbas said the measures could see\u2026","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/309.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564609,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/16\/cbe-ups-maximum-draw-from-tourism-support-fund-as-it-winds-down-issues-new-rules-on-lending-to-real-estate-developers\/","url_meta":{"origin":547410,"position":3},"title":"CBE ups maximum draw from tourism support fund as it winds down + issues new rules on lending to real estate developers.","author":"enterpriseam admin","date":"16 February 2021","format":false,"excerpt":"Tourism wage support initiative to end on 30 June \u2014 or when the pot is empty. A program by the Central Bank of Egypt (CBE) to give tourism companies access to subsidized lines of credit to cover wages, maintenance expenses, and operating costs is due to run its course at\u2026","rel":"","context":"In &quot;SPEED ROUND: CBE WATCH&quot;","block_context":{"text":"SPEED ROUND: CBE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-cbe-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594923,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/madbouly-industry-figures-review-draft-law-to-regulate-real-estate-developers-in-egypt\/","url_meta":{"origin":547410,"position":4},"title":"Madbouly, industry figures review draft law to regulate real estate developers in Egypt","author":"enterpriseam admin","date":"11 September 2019","format":false,"excerpt":"LEGISLATION WATCH- Cabinet, industry figures review draft law to regulate real estate developers: Prime Minister Moustafa Madbouly, Housing Minister Assem El Gazzar, and representatives from the real estate industry met yesterday to review a draft bill that would regulate developers and the industry, according to a Cabinet statement. No details\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594020,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/16\/el-gazzar-talks-ppp-housing-projects-with-egyptian-real-estate-developers\/","url_meta":{"origin":547410,"position":5},"title":"El Gazzar talks PPP housing projects with Egyptian real estate developers","author":"enterpriseam admin","date":"16 October 2019","format":false,"excerpt":"Housing Minister Assem El Gazzar discussed setting up social housing projects under a public-private partnership (PPP) framework with representatives from several private real estate developers, according to a cabinet statement. The government is set to sell several land plots spanning a minimum of 75 feddans apiece, and the developers want\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=547410"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547410\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/547406"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=547410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=547410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=547410"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=547410"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=547410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}