Egypts housing ministry allocates $167mln to New Mallawi Phase I

Cairo – Mubasher: The Egyptian New Urban Communities Authority, affiliated to the Ministry of Housing, has allocated about EGP 2.73 billion in investments to the first phase of New Mallawi City.

According to the executive plan of the new city reviewed by Mubahser, these investments include EGP 350 million to the infrastructure network (water, wastewater, roads, and irrigation) over an area of 880 feddans and EGP 25 million to urgent water supply.

In addition, the projects also include an EGP 40 million wastewater plant, an EGP 700 million electricity network, and an electric distribution transformer at a cost of EGP 15 million, in addition to establishing 106 buildings comprising 3,292 residential units as part of JANNA housing project at a cost of EGP 1.6 billion.

New Mallawi City Development Authority has allocated EGP 460 million to the 170-feddan urgent phase of the city which is scheduled for completion by June 2020, Mohamed El-Dakrouri, head of the authority, told Mubasher.

The new city spans over about 18,420 feddans, including 880 feddans in the first phase, El-Dakrouri revealed.

The first phase includes 450 JANNA buildings, 261 Sakan Misr buildings, in addition to several villas, he noted.

New Mallawi City, located 12 kilometres away from Mallawi City, is expected to host about 524,000 people.