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Egypt starts sale of land plots to Egyptians abroad

Posted on 26 March 2012

Egypt has began to offer new city land plots to Egyptians abroad in a program expected to pump $2.5 billion into the government’s treasury pot and alleviate pressure on the budget deficit, daily Egyptian newspaper Al Ahram reports Sunday, citing Prime Minister Kamal Al Ganzouri.
The initiative, dubbed the “Homeland Home” plan, offers 7,685 plots of land of varying sizes in five new cities, the report said. The price of the land will be paid in U.S. dollars and the plots will be reserved online through a website, the report said, without naming the website………………………………………..Full Article: Source


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