{"id":642669,"date":"2017-08-20T03:57:22","date_gmt":"2017-08-20T03:57:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/"},"modified":"2017-08-20T03:57:22","modified_gmt":"2017-08-20T03:57:22","slug":"state-turns-into-competitor-of-private-sector-in-new-capital","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/","title":{"rendered":"State turns into competitor of private sector in new capital"},"content":{"rendered":"<p>The state has turned into a strong competitor of private companies planning to invest in the new administrative capital, offering affordably-priced housing units that the private sector can\u2019t compete with, Al Ahly For Real Estate Development Chairman Hussein Sabbour says, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1178626\">according to AMAY<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The state has turned into a strong competitor of private companies planning to invest in the new administrative capital, offering affordably-priced housing units that the private sector can\u2019t compete with, Al Ahly For Real Estate Development Chairman Hussein Sabbour says, according to AMAY.<\/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-642669","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"09e114ac-9d44-41de-ad16-671e3e155156","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642626],"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>State turns into competitor of private sector in new capital - 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\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State turns into competitor of private sector in new capital\" \/>\n<meta property=\"og:description\" content=\"The state has turned into a strong competitor of private companies planning to invest in the new administrative capital, offering affordably-priced housing units that the private sector can\u2019t compete with, Al Ahly For Real Estate Development Chairman Hussein Sabbour says, according to AMAY.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-20T03:57:22+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State turns into competitor of private sector in new capital\",\"datePublished\":\"2017-08-20T03:57:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\"},\"wordCount\":54,\"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\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\",\"name\":\"State turns into competitor of private sector in new capital - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-20T03:57:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State turns into competitor of private sector in new capital\"}]},{\"@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":"State turns into competitor of private sector in new capital - 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\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/","og_locale":"en_US","og_type":"article","og_title":"State turns into competitor of private sector in new capital","og_description":"The state has turned into a strong competitor of private companies planning to invest in the new administrative capital, offering affordably-priced housing units that the private sector can\u2019t compete with, Al Ahly For Real Estate Development Chairman Hussein Sabbour says, according to AMAY.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-20T03:57:22+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\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"State turns into competitor of private sector in new capital","datePublished":"2017-08-20T03:57:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/"},"wordCount":54,"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\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/","name":"State turns into competitor of private sector in new capital - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-20T03:57:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/state-turns-into-competitor-of-private-sector-in-new-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"State turns into competitor of private sector in new capital"}]},{"@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":593726,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/housing-ministry-could-allow-private-sector-to-join-social-housing-projects\/","url_meta":{"origin":642669,"position":0},"title":"Housing Ministry could allow private sector to join social housing projects","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"The Housing Ministry will finish at the end of October discussions on allowing the private sector to participate in the state\u2019s social housing program, the local press reported. The ministry is proposing to offer 10k units to real estate developers over the next five years to trial the idea. Companies\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":596127,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/ni-capital-to-launch-bookrunner-tender-for-hhd-secondary-offering-in-september\/","url_meta":{"origin":642669,"position":1},"title":"NI Capital to launch bookrunner tender for HHD secondary offering in September","author":"enterpriseam admin","date":"19 August 2019","format":false,"excerpt":"IPO WATCH- NI Capital to launch bookrunner tender for HHD secondary offering next month: State-owned investment bank NI Capital is planning to issue a tender in September to choose the bookrunner for state-owned real estate developer Heliopolis Housing and Development\u2019s (HHD) planned secondary offering on the EGX, HHD\u2019s Managing Director\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":568105,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/17\/partnering-with-the-state-on-affordable-housing\/","url_meta":{"origin":642669,"position":2},"title":"Partnering with the state on affordable housing?","author":"enterpriseam admin","date":"17 December 2020","format":false,"excerpt":"Private-sector real estate developers can work on government-sanctioned social housing projects under a cabinet decision. Homes developed by the private sector will be sold to low- and middle-income families and individuals under the same conditions as those sold by the state\u2019s Mortgage Finance Fund, cabinet said in a statement following\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"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":642669,"position":3},"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":[]},{"id":591253,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/egypts-housing-ministry-approves-new-mechanism-for-ppp-projects\/","url_meta":{"origin":642669,"position":4},"title":"Egypt\u2019s Housing Ministry approves new mechanism for PPP projects","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"The Social Housing Fund approved in a board meeting yesterday a new mechanism for partnership on housing projects with real estate developers, according to a Housing Ministry statement. No further details were provided on the new system. We noted in October that the ministry was in talks with representatives from\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":629784,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/world-bank-requests-increased-private-sector-participation-in-low-income-housing-projects\/","url_meta":{"origin":642669,"position":5},"title":"World Bank requests increased private sector participation in low-income housing projects","author":"enterpriseam admin","date":"1 April 2018","format":false,"excerpt":"The World Bank has asked the Housing Ministry to encourage increased private sector participation in low-income housing projects before the bank signs off on a USD 500 mn loan for the ministry, Federation of Egyptian Industries\u2019 real estate development division head Tarek Shawky tells Al Shorouk. Representatives from the bank,\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\/642669","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=642669"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642669\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642626"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642669"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642669"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}