NUCA to inject EGP 56bn in FY18/19

Cairo – Mubasher: The New Urban Communities Authority (NUCA) has allocated EGP 56 billion investments for fiscal year 2018/2019.

The EGP 32 billion budget of FY 17/18 has been entirely invested, assistant housing minister at NUCA Walid Abbas told Shorouk News.

On 5 December, Abbas said that the NUCA’s new investment plan for FY17/18 stood at EGP 60 billion.

On 3 January, the NUCA said that it aims at boosting its total investments to EGP 40 billion from EGP 30 billion by the end of fiscal year 2017/2018.

 

Mubasher Contribution Time: 14-Jan-2018 09:20 (GMT)
Mubasher Last Update Time: 14-Jan-2018 09:36 (GMT)