{"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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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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