30 April 2019

The Arab Republic of Egypt through the states
Ministry of Housing, has begun working on a programme that will lead to the
construction of more than 1.1 million residential units over the next five
years; in an effort to cater for the simultaneously growing population and
demand for affordable housing in the country.

With its population growing at a rate of roughly 2%
a year, Egypt currently has a population of 100,816,867 people and 38.7% of
them (39,172,736 people) are in the urban centres causing an urbanisation
crisis in the country due to lack of low-income and social housing availability
across the nation.

Speaking at the LafargeHolcim Forum for Sustainable
Construction, a recent forum hosted by LafargeHolcim Group at the American
University in Cairo (AUC), the deputy Minister of Housing Mr. Khaled Abbas said
that establishment of new urban communities is one of the key drivers to
economic growth in Egypt, and building sustainably is a main concern in the
country’s Vision for 2030.

“The encounters we are facing nowadays are global
issues. Matters like climate change, population growth, and migration became a
shared concern which impact our lives.” said Roland Kohler, chairperson of
LafargeHolcim Foundation for Sustainable Construction speaking to over 1,500
guests from Egypt and 52 other countries present at the Forum including Swiss
ambassador in Cairo and Lafarge Egypt CEO.

Abbas expressed his gratefulness saying that the organisation of international forums reflects the appreciation of the international community towards the Egyptian government’s efforts in establishing mega construction projects.

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