Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, held an expanded meeting to review the outlines of the investment plan for fiscal year 2026/2027 and the medium-term investment strategy for 2026-2030. The meeting forms part of ongoing coordination between the two ministries to enhance public investment efficiency and support the objectives of Egypt Vision 2030. It highlighted the housing and urban development sector’s role as a key driver of economic growth.
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, convened an expanded meeting to examine the investment plan for fiscal year 2026/2027 and the medium-term strategy spanning 2026 to 2030. This gathering underscores the continuous collaboration between the ministries to improve public investment efficiency and align with Egypt Vision 2030 goals.
Rostom emphasized that the housing and urban development sector serves as a primary engine for Egypt’s economic growth, contributing to infrastructure expansion, better service delivery, job creation, and improved quality of life for citizens. He pointed to substantial state achievements in recent years regarding adequate housing provision and basic infrastructure development, stating that future efforts will prioritize maximizing economic and social returns through enhanced project management and adherence to timelines.
The minister further noted that the Ministry of Housing ranks among entities with high implementation rates under the state’s investment plan, demonstrating its capability to handle major national projects that foster urban development and economic activity across Egypt’s governorates.
El-Menshawy explained that her ministry has drafted a proposed medium-term investment plan for 2026-2030, encompassing various programs and projects to address citizens’ basic needs, such as increasing suitable housing units and upgrading drinking water and sanitation services. She added that the ministry is advancing urban development initiatives in new cities to boost their investment appeal and job generation potential, while finalizing infrastructure and services to establish these areas as integrated development and economic centers.
The ministry routinely tracks project implementation to meet deadlines, facilitating quicker service rollout and optimizing state investments in housing and utilities.
The discussion covered the core elements of the housing ministry’s investment plan, emphasizing priority projects to elevate living standards, including the presidential Decent Life initiative, social and middle-income housing programs, and integrated urban development efforts. At the meeting’s close, both ministers stressed the need for ongoing coordination to monitor project execution, supporting national infrastructure growth, urban advancement, and sustainable development objectives.