CAIRO: President Abdel Fatah al-Sisi inaugurated Monday the first two phases of Al-Asmarat project to build around 11,000 housing units for slum inhabitants at a cost of 1.5 billion EGP, said Presidential Spokesperson Alaa Youssef in a statement.
Sisi announced that the phenomenon of slums will end within the next two years, noting that the government is exerting great efforts to develop slums into proper districts and impoverished villages nationwide.
In the first phase, a total of 6,258 housing units have been constructed on 65 feddans at a cost of 850 million EGP. Meanwhile, the second phase includes 4,722 housing units, plus hospitals, schools and other public utilities at a cost of 700 million EGP, financed by the Long Live Egypt Fund, on 61 feddans.
The completion of the third phase is scheduled for July 2017 after the government has allocated 80 feddans to construct 124 buildings at the cost of 500 million EGP, financed by Long Live Egypt Fund, according to Youssef. The construction of the third phase started in January 2016.
Only 1,200 families, who were evacuated from endangered slums, have contracted with the Ministry of Housing to receive new units. The total number of families who inhabit slums and endangered places reached 15.336 family in only Cairo.
The government has evacuated people from four endangered places, including Duwiqa of Manshiyet Nassr, Ezbit Khairallah, Batn al-Baqara, and Dar el-Salam; it provided them with temporary houses in 6th of October City until the completion of the two phases of the project.
Minister of Housing Mostafa Madbouly announced May 15 that Egypt has 350 endangered slums nationwide housing more than 850,000 citizens, and that 14 billion EGP is needed to fund the construction of housing units.