"Egyptian Campaign": the addition of the usufruct system to the mechanisms of the land of the company



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Ahmed al-Issawi


Published on:
From Monday, July 30, 2018 at 8:23 pm
| Last update:
From Monday, July 30, 2018 at 8:23 pm

Ater Hanoura, president of the Egyptian rural society, said the company was diversifying its land purchase mechanism and expanding its contracting systems to accommodate as many people as possible.

On Monday, the company added the usufruct mechanism to the contractual methods in which it operates the land, explaining that it offers its land by contracting systems to farmers, individuals, companies and investors and that it disembarks with its own wells and other wells.

He explained that the usufruct system would be up to 25 years and at a fixed price The total land is fully returned to the company

The project is very important and includes land distributed over Western Sahara to benefit from water. The project will create a parallel zone of the valley that can be moved to new residential communities, factories and new logistics areas

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