President Sisi: State housing projects meant to realize balance not competing with private sector

Egyptian President Abdel Fattah El Sisi said the efforts exerted by the Housing Ministry and the New Urban Communities Authority in housing projects over the past period are not meant to compete with the private sector.

These efforts are meant, however, to realize balance between demands at state level and available housing units, Sisi said while commenting on statements made by Housing Minister Assem Gazzar, while opening a number of housing projects in Badr city.