{"id":634663,"date":"2018-01-21T04:23:56","date_gmt":"2018-01-21T04:23:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/"},"modified":"2018-01-21T04:23:56","modified_gmt":"2018-01-21T04:23:56","slug":"new-capital-company-to-stop-tendering-land-for-18-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","title":{"rendered":"New Capital Company to stop tendering land for 18 months"},"content":{"rendered":"

The New Administrative Capital Company has decided to stop tendering land intended for residential mixed-use developments at the new capital for the next 18 months, government sources tell Al Borsa<\/a>. The company plans to auction off more land for phase two of development in early or mid-2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New Administrative Capital Company has decided to stop tendering land intended for residential mixed-use developments at the new capital for the next 18 months, government sources tell Al Borsa. The company plans to auction off more land for phase two of development in early or mid-2019.<\/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":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634663","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"2d651188-2b35-4981-832f-cffc371f24ed","order":"0","is_powered_by":true,"section_story_id":"2242b9af-0e5b-43e1-b43c-a4ce3f8002ac","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634627],"teaser":"","voice_url":""},"yoast_head":"\nNew Capital Company to stop tendering land for 18 months - 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\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Capital Company to stop tendering land for 18 months\" \/>\n<meta property=\"og:description\" content=\"The New Administrative Capital Company has decided to stop tendering land intended for residential mixed-use developments at the new capital for the next 18 months, government sources tell Al Borsa. The company plans to auction off more land for phase two of development in early or mid-2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-21T04:23:56+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\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New Capital Company to stop tendering land for 18 months\",\"datePublished\":\"2018-01-21T04:23:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\"},\"wordCount\":55,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\",\"name\":\"New Capital Company to stop tendering land for 18 months - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-21T04:23:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Capital Company to stop tendering land for 18 months\"}]},{\"@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":"New Capital Company to stop tendering land for 18 months - 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\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","og_locale":"en_US","og_type":"article","og_title":"New Capital Company to stop tendering land for 18 months","og_description":"The New Administrative Capital Company has decided to stop tendering land intended for residential mixed-use developments at the new capital for the next 18 months, government sources tell Al Borsa. The company plans to auction off more land for phase two of development in early or mid-2019.","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-01-21T04:23:56+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\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"New Capital Company to stop tendering land for 18 months","datePublished":"2018-01-21T04:23:56+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/"},"wordCount":55,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Real Estate + Housing"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/","name":"New Capital Company to stop tendering land for 18 months - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-01-21T04:23:56+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/new-capital-company-to-stop-tendering-land-for-18-months\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"New Capital Company to stop tendering land for 18 months"}]},{"@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":596323,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/25\/egypts-nuca-offers-9-land-plots-in-new-cairo-to-developers\/","url_meta":{"origin":634663,"position":0},"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. Mixed use plots have been priced at EGP 9,870 per sqm while commercial plots are priced at EGP 30.4k per sqm.","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":651763,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/debate-wages-over-governments-newfound-preference-for-egyptian-companies-in-new-capital\/","url_meta":{"origin":634663,"position":1},"title":"Debate wages over government\u2019s newfound preference for Egyptian companies in new capital","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"A debate is currently being waged about the private sector\u2019s role in the New Administrative Capital\u2019s development, as the government turns to local developers over foreign companies. A lack of transparency in tendering land to developers on the New Administrative Capital is driving away foreign private sector companies interested in\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":572672,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/05\/naccud-signs-land-sale-agreements-in-new-capital-with-12-companies\/","url_meta":{"origin":634663,"position":2},"title":"NACCUD signs land sale agreements in new capital with 12 companies","author":"enterpriseam admin","date":"5 July 2020","format":false,"excerpt":"The New Administrative Capital Company for Urban Development (NACCUD) has signed land sale agreements with 12 local companies in the new capital, company head Ahmed Zaki Abdeen said, according to Hapi Journal. The sales come after NACCUD reduced the required down payment to 10% of each land plot\u2019s total value,\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":568815,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/04\/naccud-to-resume-land-offering-in-egypts-new-capital-in-july\/","url_meta":{"origin":634663,"position":3},"title":"NACCUD to resume land offering in Egypt\u2019s new capital in July","author":"enterpriseam admin","date":"4 February 2020","format":false,"excerpt":"The New Administrative Capital Company for Urban Development (NACCUD) intends to start the fourth offering of land in the new administrative capital to developers by the end of July, Chairman Magdy Amin told Hapi Journal. Amin\u2019s remarks come after NACCUD President Ahmed Zaki Abdin saying last week that the company\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":576001,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/land-in-first-phase-of-egypts-new-administrative-capital-to-be-sold-by-2022\/","url_meta":{"origin":634663,"position":4},"title":"Land in first phase of Egypt\u2019s new administrative capital to be sold by 2022","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"The New Administrative Capital Company for Urban Development (NACCUD) is planning to sell the remaining 25% of land in the first phase of the new capital to developers by 2022, company spokesperson Khaled Al Husseini told Al Shorouk. NACCUD has so far concluded 196 contracts for schools, universities, sports clubs,\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":596276,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/naccud-to-offer-land-plots-for-high-rises\/","url_meta":{"origin":634663,"position":5},"title":"NACCUD to offer land plots for high-rises","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"The New Administrative Capital Company for Urban Development (NACCUD) is preparing to offer land plots for developers to build up to 50-storey high-rises by the end of the year, government officials told the local press. The company has yet to decide on the number of plots it will sell.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634663","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=634663"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634663\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634627"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634663"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634663"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}