Minister of Housing Utilities and New Urban Communities Assem el Gazzar announced, on Sunday 4/2/2024, the launch of the foreign investment portal through this link:
https://foreigninvest.newcities.gov.eg/#
The decision came in light of the state interest in digital transformation, supporting investment and facilitating investment services.
In statements, the minister said the new gate would allow investors to apply for investment chances in new cities in dollars remitted from abroad.
Deputy Chairman of the New Urban Community Walid Abbas said any investor applying for investment on the gate should enter all his data including ID number, email and phone number to activate his account.
Source: State Information Service Egypt