125 thousand apartments and reform of social housing conditions. 9 government decisions



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7:57 pm

Wednesday 14 October 2020

Books – Youssef Afifi:

Today, Wednesday, Dr. Mustafa Madbouly, Prime Minister, chaired the weekly cabinet meeting, where 9 new decisions were approved, including the announcement of 100,000 low-income homes, following the instructions of President Abdel Fattah Al- Yes Yes.

Masrawy monitors cabinet decisions as follows:

– The Council of Ministers approved the request of the Ministry of Housing, Public Services and Urban Communities to modify the terms of the social housing program for low and middle income groups.

– The Council approved the announcement of the launch of 100 thousand homes for low-income people with areas of 75 square meters and 90 square meters according to real demand, and 25 thousand homes for middle-income people in areas of 100, 110 and 120 square meters , in light of the directives of President Abdel Fattah Al-Sisi to build 250 thousand social housing, within a package. Economic measures taken by the state.

– The Council of Ministers approved a draft decision of the President of the Republic to reallocate two areas of private state-owned land, in the Arab Abu Saed sub-district of the Al-Saff Center in Giza governorate, in light of the trend to establish an industrial zone in the Arab Abu Saed region in the governorate.

– The Council of Ministers approved the draft decision of the President of the Republic on the allocation of a land of private state property, in the Beni Suef governorate district, with an area of ​​approximately 16.92 feddans, equivalent to 71101 43 square meters, on the eastern Beni Suef / Minya highway, for the benefit of the Ministry of Petroleum and Mineral Resources. To be used in the installation of a natural gas compressor station to increase efficiency and increase the pressure of the network in the province.

– The Council of Ministers approved, in principle, the draft decision of the Prime Minister on the issuance of the executive regulation of Law No. Finally, approve the list at the next meeting.

– The Council of Ministers approved the draft decision of the Prime Minister, which stipulates in its first article that “the interests of the public treasury and the minting shall be combined in an interest called” the interest of the public treasury and the minting “, and the interests of the public treasury and the minting will replace the interests of the public treasury and the minting from where they come. Of the applicable regulations and decisions “.

– The Council of Ministers finally approved the initiative of the Arab Fund for Economic and Social Development to postpone the payment of installments and interest owed on loans granted to Egypt, for a period of one year, from July 1, 2020 until June 30, 2021, as its contribution to mitigate the effects. The economic and financial consequences of the spread of the new Corona virus.

– The Council of Ministers approved the request of the Governor of Damietta to increase its stake in the furniture company Damietta, as the third and last tranche, by 50.41 million pounds, so that the Governor can pay its obligations in the capital of the company. Some of the parcels of land previously sold to them at public auction in the city of Ras El-Bar and withdrawn from them for non-payment of debt; And in the context of legalizing their status.

– Cabinet approved the establishment of the National Railway Industries Company in the Suez Canal Economic Zone; In order to carry out the manufacture, repair, replacement and renovation of railway wagons, with the aim of establishing this industry, through the contribution between the General Authority for the Suez Canal Economic Zone and each of the funds Egyptian sovereigns and the private sector, taking into account the development of a mechanism that allows the Ministry of Transport to know the global price of the final product.

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