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Egypt eyes EGP 4bn proceeds from real estate exports

Egypt eyes EGP 4bn proceeds from real estate exports
Egypt's assistant housing minister Khaled Abbas

By: Abdallah Bedeir

Cairo – Mubasher: Egypt aims to generate EGP 4 billion in proceeds from real estate exports within three years, assistant housing minister said on Wednesday.

The Ministry of Housing has signed a deal to participate in Marché International des Professionnels d'Immobilier (MIPIM) exhibition for four years, Khaled Abbas added during Invest-Gate’s round table meeting in Cairo, noting that the ministry will be taking part in the exhibition for the first time in March 2019.

MIPIM, a four-day real estate exhibition, will be held in France, welcoming a number of international property professionals.