Egyptian Countryside Development Company

About Egyptian Countryside Development Company

The New Egyptian Rural Development Company is a company concerned with the reclamation and development of one and a half million feddans as a first phase of four million feddans. It is a 100% Egyptian joint stock company, with three government shareholders: the Ministry of Finance, the General Authority for Reconstruction and Agricultural Development Projects - the Ministry of Agriculture and Land Reclamation, and the New Urban Communities Authority - the Ministry of Housing, Utilities and Urban Communities. The New Egyptian Rural Development Company was established according to Law No. 8 as an Egyptian joint stock company. The head office of the company is located in Nasr City, Cairo, Arab Republic of Egypt.