Investor problems to be solved in weeks, says housing minister

Cairo-Mubasher: All investor problems will be solved in the next weeks, said Minister of Housing Mostafa Madbouly.

“There is no place for trembling hands in the New Urban Communities Authority (NUCA),” the minister warned NUCA officials.

He also warned them against the slowdown of implementing projects or solving the problems of investors dealing with the authority.

During his meeting with NUCA officials, Madbouly said there are several mega investment projects which will be launched in the next period.

“We will not move a single step if we remain afraid, as this will make us like the one pointing a gun towards himself... and this will never happen,” he said. “We need to support the local, Arab and foreign investments in the next period, and this can be happened through solving investor problems.” 

Mubasher Contribution Time: 21-Aug-2015 13:43 (GMT)