Samir stated that the real estate sector in Egypt accounts for more than 20% of the GDP, and plays a vital role in driving growth, investment, and job creation. He said that these measures have increased foreign direct investments in the real estate sector and infrastructure projects. He affirmed the Egyptian government’s commitment to improving the business climate in the real estate sector by enhancing transparency, simplifying procedures, and offering many opportunities for growth and investment. He invited the forum’s participants to explore the Egyptian market and establish cooperation projects in the real estate sector. Samir also highlighted Egypt’s membership in the BRICS, which he said was a great opportunity for Egypt and India to strengthen their cooperation in the real estate sector and other fields.

Source: Daily News Egypt October 08, 2023 19:37 UTC