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Real Estate Registration project to be shared at Economic Summit: Eitesal - Daily News Egypt

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Real Estate Registration project to be shared at Economic Summit: Eitesal

The Real Estate Registration project is scheduled to be put forward and will be implemented under the umbrella of the PPP.


By Mohamed Alaa

The upcoming Economic Summit will witness the launch of a number of technological projects, the most prominent of which is the Public Private Partnership project (PPP).

The Real Estate Registration project is scheduled to be put forward, with a cost of EGP 650m, and will be implemented under the umbrella of the PPP.

According to Engineer Hazem El-Tahawy, chairman of the Egyptian Information Telecommunications, Electronics & Software Alliance (Eitesal), all indicators confirm the Economic Summit’s success. The summit will involve 60 countries from around the world in addition to the official delegations participating in the conference.

Engineer Moqbel Fayyad, head of the integrated solutions division at Eitesal, thinks the size of investment in the planned national projects will be at least EGP 500m. This requires partnership between companies operating in the market to implement these projects both inside and outside Egypt.

He added that these projects could help the development of domestic demand in the market, and assist in the implementation of a number of government projects. These will see the generation of large revenues to the public treasury of the country.

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