Written by Mohamed Omran
They met President Abdel Fattah al-SisiToday, with Dr. Osama Al-Azhari, Minister of Endowments, Major General Amir Sayed Ahmed, Advisor to the President of the Republic for Urban Planning, Major General Khaled Abdullah, Head of the Financial Affairs Authority of the Armed Forces, and Major General Walid Aref, Head of the Engineering Authority of the Armed Forces, at the headquarters of the Strategic Command in the New Capital.
The official spokesman for the Presidency of the Republic stated that during the meeting, the President followed up on the plans of the Egyptian Endowments Authority to develop the various real estate assets belonging to the Ministry of Endowments, in addition to strengthening cooperation mechanisms with specialized companies and real estate developers, in a way that contributes to developing the investment system and adding new investment activities and fields.
Ambassador Mohamed El Shenawy, the official spokesman for the Presidency of the Republic, added that the meeting also addressed the developments in the efforts to develop the historic Cairo area and raise the efficiency of its buildings and facilities, as the President stressed the need to give this file the utmost importance, with the inventory and development of all related buildings and facilities according to the highest standards, in order to transform the area into a global tourist destination and an attractive cultural attraction.
During the meeting, the Minister of Endowments also reviewed the efforts to inventory and document the assets and properties managed by the Egyptian Endowments Authority, and the cooperation and coordination with various concerned state bodies in this regard, in order to reach an accurate inventory of these assets, and to create survey and digital maps of them.
The minister also discussed mechanisms for maximizing the benefit from the Authority’s assets, and what is being done in this context in terms of monitoring a number of promising investment opportunities that can be offered and exploited optimally.
In this context, the President stressed the importance of continuing efforts to inventory and document the various assets and properties belonging to the Egyptian Endowments Authority, and to strive to maximize their optimal utilization, in order to ensure the continued achievement of rational investment in these assets and enhance their contribution to supporting the national economy.
