Apartment 222m for sale in OIA New Capital

Apartment 3 Bedrooms for Sale in OIA - New Capital

3    3
Reference: GB59120
EGP 5,106,000
Category:
Apartments / Sale
Type:
Flat+Garden
Price:
EGP 5,106,000 Installment
Price / Sqm:
EGP 23,000 Per Sqm
Finishing Status:
Semi Finished
Area:
222 M2
Floor No.:
Ground Floor
No of Floors:
Bedrooms:
3
Bathrooms:
3
Allowable height:
Last Updated:
Fri 12 May 2023

Introduction

The New Administrative Capital of Egypt is a newly established city that aims to become the country's New Capital. The project was launched in 2015 and is being developed by the New Urban Communities Authority (NUCA). The main goal of the project is to provide high-quality infrastructure and services to the residents of the city while offering a modern, sustainable and efficient environment to live in. One of the significant legal tools that regulate the work of NUCA is the Open Information Act (OIA).

What is OIA?

The Open Information Act is a legal mechanism that allows individuals and organizations to access information held by public bodies. In Egypt, the OIA was passed in 2015, and it enables individuals to demand access to a wide range of information held by government agencies, including NUCA. The information covered by the act includes administrative procedures, financial information, and environmental reports.

How does OIA relate to the New Administrative Capital?

As the New Administrative Capital is a government-led project, NUCA is obliged to follow the OIA regulations. The OIA plays a critical role in ensuring transparency and accountability in the development of the city. Any individual or organization can request access to the information on the city's progress, budget, decisions, and environmental impact.

The OIA also covers the procurement process, including contracts and tenders. NUCA is required to publish all procurement-related documents, including tender applications and awards, and any changes made to contracts.

Furthermore, the OIA requires NUCA to publish an environmental impact assessment report for the city, stating the potential environmental impact of the project, particularly on land use and natural resources.

Conclusion

The development of the New Administrative Capital of Egypt is a significant project that has the potential to reshape the country and provide a modern and efficient urban environment. The OIA plays a crucial role in ensuring transparency and accountability in the project's development by allowing individuals and organizations to access information held by NUCA. This access to information is critical in holding the agency accountable and ensuring that the project is developed sustainably, efficiently, and with the people's interests in mind.