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Thursday, 9 June 2016

NUCA to tender 170 plots of land worth EGP 3 bn

The New Urban Communities Authority (NUCA) will tender 170 plots of land across Egypt and is expecting to rake in EGP 3 bn from the land sale. This will be the third tender that NUCA will run in partnership with the General Authority for Investment and Free zones as part of the single-window system. The land, which will range in size from three to 70 feddans, will be used to develop education, healthcare, recreation, office, and commercial buildings, Al Borsa reports.

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