📋 Tender Overview
Scope of WorkSlum Redevelopment Project in Egypt.DescriptionThe project involves development of the unsafe zones in the first phase following by unplanned zones in the second and informal markets in the third. A total of 357 areas designated as unsafe zones would be re-developed to host 246053 residential units at a total investment of EGP40 billion 1.6 billion. The land cost has been estimated at EGP23.2 billion 938 million.Examples of unsafe zones under development includeCairo governorate - Al-Khaiala 2268 units Al- Mahroussa 4895 units.Red Sea governorate - Hallayeb and Shalateen development projects 2000 units Zerzara area in Safaga 234 units.Sharm El-Sheikh Al- Rwayssat development 496 units.In the case of unplanned zones 152000 acres would be developed at a total investment of EGP318 billion 13 billion.The main goal is to develop the infrastructure of these areas. In the third phase UDF will collaborate with the ministry of foreign trade and industry to redevelop and renovate 1105 informal markets at a total investment of EGP44 billion 1.8 billion. The Egyptian government has set a target to make the country slum-free by 2030.
