Ahmed Mansour

Ahmed Mansour: The availability of land and the speed of allocation procedures are among the benefits of development in the New Capital

Engineer Ahmed Mansour, CEO of Castle Urban Development company, said that one of the most important benefits of development within the New Capital, is the availability of land and the speed of allocation procedures, scheduled to be implemented in the coming days.

At the Real Estate Development Conference - The Future of Urban Development in Egypt, organized by the company Al Mal GT, Mansour noted. M "Today, Sunday, the availability of land in the capital was a double-edged weapon. It is a good advantage for developers, but it led to the entry of new companies, which resulted in great competition between real estate developers.

Mansour explained that his experience in the New Capital was a major challenge given the requirements of the New Capital company to implement the project during a specific period, explaining that these challenges learned a lot from it, indicating that if time returns, he will repeat the same experience again with the controls the ministry is considering to regulate and control The real estate market.

Mansour unveiled his company's expansion plan in the new city of Alamein, and the launch of its first coastal project there, noting the promising opportunities of some new cities.