Al Damrawi added that the government has to alert the state administrative bodies not to slow down and delay until compensation is paid according to the Compensation Law that was approved and pending publication in Al-Waqaae Al-Masriya, the official newspaper. Al Damrawi added that construction companies have been waiting for the payment of compensation for more than a year, and not one pound has been disbursed so far. Many of the companies have been exposed to bankruptcy and exited the market. He explained that many companies had to sell their properties to cover the expenses. This led to the bankruptcy of more than 2,000 companies.

Source: Daily News Egypt July 10, 2017 15:56 UTC