Egypt is hot!

Egyptian real estate investment is hot.
I can’t stop buying Egyptian real estate.
This time, I would like to introduce you to four main reasons why Egyptian real estate is hot.

⚫ Why Egypt?

(1) Population growth rate
→ Population is 110 million (3/4 of 80 million people are in their 20s and in their prime)
*Because the construction site can operate 24 hours a day with a three-shift system, construction can be completed quickly without delays.
→ Increase to 160 million by 2050
→ Twice the speed of the period of high economic growth that occurred in Japan

② New Capital (New Capital)
→The capital is relocated 45 kilometers east of Cairo!
→ 7 million people are expected to relocate
*1, 25 million Cairo residents (20% of total population, doubling by 2050)
*2, Housing shortage
*3, Environmental issues
*4. Traffic congestion
→ JR, etc. will invest 500 billion yen in Takanawa Gateway, which is three times the size of Shibuya (160 billion yen). New Capital receives 4.5 trillion yen from the world, nine times that amount
→ Elimination of flights to sightseeing spots by building a monorail
*Details are available in the railroad section
→ Centered on R7, the world’s best shopping mall, high-rise building + government + Lambo condo (purchased by Japanese people of 40 or more)
→ New airport + 5-star hotel + Disney + Olympic city, etc. under construction

(3) Global factories in special economic zones
→ By creating a special economic zone around the Suez Canal, Amazon is building Africa’s largest distribution center in Egypt and creating 3,000 jobs.
→ Sharp also has a factory since 2013
→Since labor costs in China, including Chinese companies, are rising, factories around the world are moving from China to Thailand, and in the case of Thailand, to Egypt.
→ Since there are no earthquakes or natural disasters, there is little risk for companies
→ Products manufactured in special economic zones can be exported to Africa and Europe without tariffs. Egypt imposes high tariffs on imports
*There is a speculation that if the toll increase is severe, it will be from the special economic zone.

• There is a great possibility that the value of the pound, which has been at its lowest price ever, will rise in the future in conjunction with exchange rate items.

④Others
⚫ Time deposit
→Trend at annual interest rate of 18-22%
*The same interest rates apply to US dollars, euros, etc.
→ Possibility of blockage of deposits
*Because we are building a city in the desert, national projects may not be enough.
*In the beginning of the Suez Canal, factories around the world have been relocated through special economic zones.

⚫Currency
→ February 2023 1 Egyptian pound = 4.33 yen
→ 2013 1 Egyptian pound = 14 yen

• Prices are very low compared to Japan due to lower exchange rates
  → Citizens cannot convert Egyptian pounds into foreign currency
  → You can buy it cheaply due to the current currency depreciation

⚫ Tourism resources (with history)
→ Pyramids of Giza
→ Luxor
→ Aswan
→ Beach Resources (Hurghada, Sharm El Sheikh)
*It is a sacred place for divers as one of the world’s three major diving points.

⚫Real Estate
→ Dubai has 70 high-rise floors, but Egypt’s height limit is up to 7 floors, so it is valuable from the perspective of supply and demand.
※ Dubai in the 90’s
*Dubai, Singapore, Hong Kong, etc. have increased 10 times in 10 years

As a result of actually inspecting the site, Egypt has a lot of hot reasons to invest.

I personally see no reason not to invest in Egypt now, where you can invest in the state of Dubai in the 1990s.
It’s a big chance!