Ministry of Housing (Egypt)
| وزارة الاسكان والمرافق والمجتمعات العمرانية | |
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| Agency overview | |
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| Jurisdiction |
 Egypt
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| Headquarters | Tahrir, Cairo |
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| Website | Official website |
Ministry of Housing, Utilities and Urban Development is the ministry in charge of building new urban communities, constructing infrastructure and housing. Its headquarters are located in Cairo and Mostafa Madbouli has served as minister since 2014. This ministry works in affiliation with the New Urban Communities Authority.
According to presidential decree No. 164/ 1996, some of the roles of the ministry include:
It is a struggle for Egypt to keep up with housing needs due to its quickly increasing and existing population. For years, the state has taken it upon itself to provide housing for the poor but this has become unsustainable as it doesn't have the budget for this type of continued providence.pg 85
When the ministry has land available for sale, investors apply for it and provide a deposit. A lottery is held and those investors who did not get a plot are refunded their deposits by the Housing & Development Bank. This method of land distribution can lead to speculation; investors believe they can make quick profits with resells. The repossession of land when projects are not completed is "rarely enforced" leading to empty lots and half-finished projects, as has been seen in 6th of October.
In 2016, the ministry reported a profit of EGP 22.2 bn, made by selling land and residential units.
Housing needs are addressed through foreign investors building in Egypt. In March 2015, 12.7 billion in contracts were in the works with Arab real estate developers constructing projects in New Cairo and 6th of October. Since March 2014, a multibillion-dollar housing project was being discussed with Arabtec, a Dubai-based contractor.
Housing needs are also addressed through loans. In 2015, the minister of housing said that part of the money from a $500 million loan to be received from the African Development Bank would go to social housing. In 2016, it was reported that the Informal Sector Development Fund and Cairo Governorate would cover the costs of upgrading three slums in Cairo. A grant from the German Society for International Cooperation was also to contribute to the costs.
Housing needs are also addressed through aid (grants) received from foreign governments. In a program that began on 28 August 2012 through 2018, the European Union earmarked 40 million Euros for the upgrading of the infrastructure of nine informal areas in and around Cairo, Giza and Qalyubia Governorates.
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