{"id":597058,"date":"2019-07-15T04:18:59","date_gmt":"2019-07-15T04:18:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/"},"modified":"2019-07-15T04:18:59","modified_gmt":"2019-07-15T04:18:59","slug":"sodic-signs-agreement-with-nuca-to-convert-land-plot-function","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/","title":{"rendered":"SODIC signs agreement with NUCA to convert land plot function"},"content":{"rendered":"<p>SODIC has signed an agreement with the New Urban Communities Authority (NUCA) to convert the function of a Western Cairo land plot from agricultural to housing, the company said in an <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%d8%b3%d9%88%d8%af%d9%8a%d9%83%20%d8%a8%d9%8a%d8%a7%d9%86-14-07-2019.pdf\">EGX disclosure (pdf)<\/a>. The company expects the new project to be on sale in 4Q2019, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SODIC has signed an agreement with the New Urban Communities Authority (NUCA) to convert the function of a Western Cairo land plot from agricultural to housing, the company said in an EGX disclosure (pdf). The company expects the new project to be on sale in 4Q2019, it said.<\/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":[72,8276,879,83,2402,312],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597058","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-housing","tag-new-urban-communities-authority","tag-real-estate","tag-real-estate-housing","tag-sodic","wpautop","entry"],"acf":{"mongo_id":"83fe6cc6-bf8c-4e52-8528-78e7ab163f6b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597031],"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>SODIC signs agreement with NUCA to convert land plot function - 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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SODIC signs agreement with NUCA to convert land plot function\" \/>\n<meta property=\"og:description\" content=\"SODIC has signed an agreement with the New Urban Communities Authority (NUCA) to convert the function of a Western Cairo land plot from agricultural to housing, the company said in an EGX disclosure (pdf). The company expects the new project to be on sale in 4Q2019, it said.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-15T04:18:59+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\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SODIC signs agreement with NUCA to convert land plot function\",\"datePublished\":\"2019-07-15T04:18:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\"},\"wordCount\":58,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"housing\",\"New Urban Communities Authority\",\"real estate\",\"Real Estate + Housing\",\"SODIC\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\",\"name\":\"SODIC signs agreement with NUCA to convert land plot function - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-07-15T04:18:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SODIC signs agreement with NUCA to convert land plot function\"}]},{\"@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":"SODIC signs agreement with NUCA to convert land plot function - 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\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/","og_locale":"en_US","og_type":"article","og_title":"SODIC signs agreement with NUCA to convert land plot function","og_description":"SODIC has signed an agreement with the New Urban Communities Authority (NUCA) to convert the function of a Western Cairo land plot from agricultural to housing, the company said in an EGX disclosure (pdf). The company expects the new project to be on sale in 4Q2019, it said.","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-15T04:18:59+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"SODIC signs agreement with NUCA to convert land plot function","datePublished":"2019-07-15T04:18:59+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/"},"wordCount":58,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","housing","New Urban Communities Authority","real estate","Real Estate + Housing","SODIC"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/","name":"SODIC signs agreement with NUCA to convert land plot function - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-15T04:18:59+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/sodic-signs-agreement-with-nuca-to-convert-land-plot-function\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"SODIC signs agreement with NUCA to convert land plot function"}]},{"@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":602270,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/sodic-signs-purchase-agreement-for-500-acre-plot-in-egypts-sheikh-zayed\/","url_meta":{"origin":597058,"position":0},"title":"SODIC signs purchase agreement for 500-acre plot in Egypt\u2019s Sheikh Zayed","author":"enterpriseam admin","date":"24 March 2019","format":false,"excerpt":"SODIC lands 500-acre plot in Egypt\u2019s Sheikh Zayed: SODIC signed on Thursday a EGP 15.3 bn purchase agreement with the New Urban Communities Authority (NUCA) for a 500-acre plot in Sheikh Zayed, the real estate developer said in a statement (pdf). SODIC is paying NUCA EGP 2,470 per sqm in\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":631021,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/sodic-wins-tender-for-500-feddans-in-sheikh-zayed\/","url_meta":{"origin":597058,"position":1},"title":"SODIC wins tender for 500 feddans in Sheikh Zayed","author":"enterpriseam admin","date":"7 March 2018","format":false,"excerpt":"SODIC was awarded a tender for a 500-feddan land plot in Sheikh Zayed, the company said in a bourse statement carried by Al Mal. The plot is one of four the company had bid for in the Sheikh Zayed and Six October City areas. The New Urban Communities Authority is\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":[]},{"id":630098,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/ode-announces-its-first-housing-project-in-cairo\/","url_meta":{"origin":597058,"position":2},"title":"ODE announces its first housing project in Cairo","author":"enterpriseam admin","date":"11 April 2018","format":false,"excerpt":"Orascom Development Egypt (ODE) is developing a 1,000-feddan land plot in West Cairo for its first housing project in the capital, the company announced. The project will be developed in partnership with the New Urban Communities Authority (NUCA) on a revenue sharing basis. ODE will set up a company named\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":[]},{"id":601623,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/sawiris-owned-real-estate-company-to-develop-58-9-feddan-sheikh-zayed-plot\/","url_meta":{"origin":597058,"position":3},"title":"Sawiris-owned real estate company to develop 58.9-feddan Sheikh Zayed plot","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"A real estate development company owned by Naguib Sawiris has been awarded a contract to develop 58.9 feddans in Sheikh Zayed in partnership with the New Urban Communities Authority (NUCA), government sources said without revealing the value of the contract. NUCA awarded Sawiris the contracts after El Mashreq for Tourism\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":[]},{"id":603227,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/15\/sodic-pays-egp-534-mn-to-expand-caesar-project-plus-business-group-want-more-action-to-boost-exports\/","url_meta":{"origin":597058,"position":4},"title":"SODIC pays EGP 534 mn to expand Caesar project. PLUS: Business group want more action to boost exports","author":"enterpriseam admin","date":"15 August 2023","format":false,"excerpt":"The developer purchased a 180-acre plot of land from the New Urban Communities Authority earlier this year","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/723.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556967,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/01\/sodic-prepares-to-restart-sales-collections-on-500-acre-west-cairo-plot\/","url_meta":{"origin":597058,"position":5},"title":"SODIC prepares to restart sales, collections on 500-acre West Cairo plot","author":"enterpriseam admin","date":"1 September 2021","format":false,"excerpt":"SODIC is looking forward to the \u201cimminent\u201d resumption of sales and collections on a 500-acre plot in West Cairo\u2019s New Zayed, a senior company official tells us. The upmarket real estate developer paused both collection and new sales earlier this year on the plot(pdf) after the Housing Ministry proposed moving\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\/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\/597058","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=597058"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597058\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597031"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597058"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597058"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}