Offering Investment Land Plots in the New Cities of Alamein and Port Said
The Ministry of Housing announced the offering of investment land plots in the new cities of Alamein and Port Said to enhance the investment climate and attract capital.
Translated by Qiyas from الأنباء — Original source
Cairo - Nadeh Imam: The Ministry of Housing, Utilities, and New Urban Communities announced the offering of a number of land plots as investment opportunities in the new cities of Alamein and Port Said, as part of efforts to support the investment climate and enhance opportunities for attracting investments to the new cities.
Engineer Rand El-Manshawi, Minister of Housing, Utilities, and New Urban Communities, clarified that applications for investment opportunities in the new city of Alamein will be accepted starting November 1 of next year, through the Foreign Investment Gateway on the website of the New Urban Communities Authority. She emphasized the necessity for companies and investors wishing to apply for the offered investment opportunities to complete the procedures for creating and activating an electronic wallet on the Foreign Investment Gateway, as this is a required step to finalize the application process and settle payments according to the approved mechanism.
Regarding the new city of Port Said, the minister added, the tender documents and specifications have been made available at the city authority’s headquarters. Applications for the offered investment opportunities, which include land plots for residential activities and other plots for mixed-use activities, will be accepted until November 5, 2026. Land allocation will be conducted through a public lottery to be held on November 10, 2026.
For his part, Dr. Engineer Mohamed Kholaf Allah, Chairman of the Development Authority for the New City of Alamein, explained that the investment opportunities offered in Alamein include several land plots in various locations and for diverse activities. These include plots in the Central Services Zone on Road C3, specifically: Plot No. 22, with an area of 4,136.2 square meters, for hotel commercial activity; Plot No. 25, with an area of 4,663.2 square meters, for commercial activity; Plot No. 29, with an area of 4,490.09 square meters, for commercial activity; Plot No. 43, with an area of 8,655.54 square meters, for commercial-administrative-residential activity; Plot No. 20, with an area of 3,610.5 square meters, for commercial-administrative-residential activity; and Plot No. 50, with an area of 3,061.8 square meters, for commercial-administrative-residential activity.
The offered opportunities also include Plot No. 32, with an area of 5,550 square meters, designated exclusively for residential activity in the housing zone, as well as Plot No. 4, with an area of 33.4 feddans, and Plot No. 5, with an area of 47.9 feddans, both designated for mixed urban development south of the International Coastal Road.
The Chairman of the Alamein City Authority emphasized that the offered investment opportunities aim to strengthen investment in the city and highlight its promising potential, thereby supporting the attraction of new investments and contributing to achieving urban and economic development targets.
In the same context, Engineer Ashraf Al-Samalegi, Chairman of the Development Authority for the New City of Port Said, clarified that 20 land plots have been offered for residential and mixed-use activities, allocated through a public lottery system. This includes 12 plots for residential activity and 8 plots for mixed-use activity, in accordance with the announced conditions and regulations.
The Authority Chairman noted that interested parties wishing to participate in the public lottery may inspect the land plots according to official working hours.
