Under the auspices of the Ministry of Social Solidarity
and in the presence of Ghada Wali, Gomaa, and Alabbar
Emaar Misr launches Beyout Al Kheir project in cooperation with Misr El-Kheir Foundation to be one of the biggest development projects to upgrade and develop thousands of houses in Egypt
Mohamed Alabbar: We will develop a housing unit for an underprivileged family for each unit Emaar builds in its projects in Egypt
Cairo, 10 September 2018 – Emaar Misr has launched in cooperation with Misr El-Kheir Foundation the first phase of Beyout Al Kheir Project which aims to improve the living conditions of thousands of underprivileged families in various Egyptian villages and governorates. Beyout Al Kheir is considered one of the biggest development projects funded by the private sector in Egypt.
The protocol was signed in the presence of Minister of Social Solidarity Ghada Wali and Mr. Mohamed Alabbar, Chairman of Emaar Properties, and Dr. Ali Gomaa, Chairman of the Board of Trustees of Misr El-Kheir Foundation.
Emaar Misr’s launch of Beyout Al Kheir Project is in line with the Egyptian government’s directives to support low-income individuals in a way that guarantees them suitable housing and decent life, preserves their human dignity, and achieves social justice.
This project also supports the developmental role that Emaar Misr believes in and its keenness on applying the principle of sustainable development and improving the living conditions of the most underprivileged families.
Mr. Mohamed Alabbar, Chairman of Emaar Properties, said: “Our success in Egypt is based on the confidence of the Egyptian society in our projects thereby it is our social responsibility and duty to return part of this favor and we are happy to cooperate with Misr El-Kheir Foundation, a leading development organization in Egypt.”
Alabbar added: “We will develop a housing unit for an underprivileged family for each unit Emaar builds in its projects in Egypt in addition to supporting micro-loan projects for sustainable development.”
Beyout Al Kheir aims to upgrade thousands of houses in Egypt and develop the housing conditions in various Egyptian governorates. It includes building roofs, restoring walls, developing household drainage networks and connecting potable water to houses, in addition to creating income-generating projects in the field of poultry farming in the targeted governorates.
The project is based on a comprehensive study of underprivileged families across Egypt that puts into consideration factors such as the number of family members, the condition of the head of the family, geographical location, the size of the residence along with other factors to ensure that the support reaches those who truly need it.