Back to the complete issue
Wednesday, 6 December 2017

Cabinet approves draft law permitting legal settlements for construction violations

The Ismail Cabinet approved yesterday a draft bill that would provide a mechanism to legalize some buildings now in violation of the building code, according to a statement. The law would allow settlements by owners of buildings that are constructed or used for a different purpose than it was licensed for, unless the building violates the maximum number of storeys approved by the Civil Aviation Authority, does not adhere to construction safety requirements, and / or does not comply with requirements for available parking spots. Settlements are also not permitted for buildings put up on agricultural or state-owned land. Also approved during yesterday’s meeting:

  • A EUR 225 mn loan agreement with Germany to help close the state budget’s financing gap and support the country’s economic reform program;
  • Two separate grants from the UN’s Food and Agriculture Organization worth a combined USD 676k for a project to use solar power in irrigation systems and another to support the sustainable use of water on reclaimed state land;
  • A presidential decree to allocate a 306.7 feddan plot in Minya for the General Authority for Freezones and Investment (GAFI) to establish a public freezone;
  • A bundle of decisions from the ministerial engineering committee on direct order agreements for projects pertaining to the transport, housing, and health ministries.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.