{"id":595647,"date":"2019-08-01T04:35:19","date_gmt":"2019-08-01T04:35:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/"},"modified":"2019-08-01T04:35:19","modified_gmt":"2019-08-01T04:35:19","slug":"egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/","title":{"rendered":"Egypt\u2019s NUCA allocates EGP 16 bn land to new city investor"},"content":{"rendered":"

The New Urban Communities Authority (NUCA) has allocated EGP 16-bn worth of land plots under a new land tender mechanism<\/a> that allocates land directly to investors, a source from the Housing Ministry told the press<\/a>. A total of 170 companies made the 10% down payment specified by the new mechanism and were allocated 170 land plots in new cities. The Madbouly Cabinet outlined in June<\/a> the new regulatory framework to handle requests for the allocation of land for mixed-use projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New Urban Communities Authority (NUCA) has allocated EGP 16-bn worth of land plots under a new land tender mechanism that allocates land directly to investors, a source from the Housing Ministry told the press. A total of 170 companies made the 10% down payment specified by the new mechanism and were allocated 170 land […]<\/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":[9304],"tags":[7097,72,879,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595647","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-development","tag-enterpriseam","tag-new-urban-communities-authority","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"bb5c33dd-babd-472c-9046-e4c87e7dd519","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595616],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s NUCA allocates EGP 16 bn land to new city investor - 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\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s NUCA allocates EGP 16 bn land to new city investor\" \/>\n<meta property=\"og:description\" content=\"The New Urban Communities Authority (NUCA) has allocated EGP 16-bn worth of land plots under a new land tender mechanism that allocates land directly to investors, a source from the Housing Ministry told the press. A total of 170 companies made the 10% down payment specified by the new mechanism and were allocated 170 land […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-01T04:35:19+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s NUCA allocates EGP 16 bn land to new city investor\",\"datePublished\":\"2019-08-01T04:35:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"EnterpriseAM\",\"New Urban Communities Authority\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/01\/egypts-nuca-allocates-egp-16-bn-land-to-new-city-investor\/\",\"name\":\"Egypt\u2019s NUCA allocates EGP 16 bn land to new city investor - 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In related news: NUCA has granted Al Arabia\u2026","rel":"","context":"In "Real Estate + Housing"","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":[]},{"id":634874,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/nuca-allocates-nine-land-plots-in-new-capital-for-schools\/","url_meta":{"origin":595647,"position":1},"title":"NUCA allocates Nine land plots in new capital for schools","author":"enterpriseam admin","date":"28 January 2018","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has allocated nine land plots in the new administrative capital\u2019s residential block for the development of new schools, Housing Minister Moustafa Madbouly tells Al Borsa. The projects must be completed within five years from receiving the land plots, he adds.","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596323,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/egypts-nuca-offers-9-land-plots-in-new-cairo-to-developers\/","url_meta":{"origin":595647,"position":2},"title":"Egypt\u2019s NUCA offers 9 land plots in New Cairo to developers","author":"enterpriseam admin","date":"25 August 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) is tendering nine land plots comprising around 1k feddans in New Cairo to developers, unnamed officials at the authority told the local press. 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The authority, which is currently conducting an evaluation to determine the size of available land in new cities, has yet to\u2026","rel":"","context":"In "Real Estate + Housing"","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":[]},{"id":627317,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/29\/housing-ministry-allocates-two-land-plots-for-batterjee-medical-services-to-build-medical-cities\/","url_meta":{"origin":595647,"position":5},"title":"Housing Ministry allocates two land plots for Batterjee medical services to build medical cities","author":"enterpriseam admin","date":"29 July 2018","format":false,"excerpt":"The New Urban Communities Authority (NUCA) approved the allocation of two land plots in 6 October City and Luxor to Saudi\u2019s Batterjee Medical Services to establish new medical cities, Al Mal reports. 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