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Tarek Shokry: 15,000 Real Estate Developers Ready to Participate in the Egyptian Market

Tarek Shokry: 15,000 Real Estate Developers Ready to Participate in the Egyptian Market

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Strong Supply Base Supporting Market Stability

Tarek Shokry, Chairman of the Real Estate Development Chamber, stated that nearly 15,000 real estate developers are currently prepared to operate within the Egyptian market. This reflects the sector’s strong capacity to meet growing demand, particularly in light of the state’s ongoing urban expansion and infrastructure development.

He emphasized that the availability of such a large number of qualified developers provides flexibility, competition, and resilience within the real estate sector, while also helping absorb economic fluctuations and maintain construction momentum.

Importance of Regulation and Market Discipline

Shokry highlighted that sustainable growth cannot be achieved without clear regulatory frameworks. He stressed the importance of activating professional standards, licensing controls, and financing mechanisms to ensure that only serious developers remain active, protecting both consumers and investors.

According to him, market discipline is not a restriction but rather a necessary step to prevent speculation, reduce project delays, and enhance long-term confidence in the sector.

CONCEPT IMD Vision

At CONCEPT IMD, we view the readiness of thousands of developers as a pivotal opportunity to reshape Egypt’s real estate market into a more transparent, data-driven, and investor-focused ecosystem. Our vision is built on delivering accurate market intelligence, highlighting credible developers, and supporting informed investment decisions rather than promotional noise.

We believe that real estate growth must be aligned with real demand, sustainable planning, and clear value propositions to ensure long-term returns for both developers and investors.

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Concept IMD is one of the largest real estate service companies, with extensive experience in the real estate development market. The company operates three branches, through which it has achieved sales exceeding 4 billion EGP.

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info@concept-imd.com+201129558773

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