Word from the Chairman
Co-operative housing represents an important part of the housing market in Egypt. Under the authority of the General Authority for Construction and Housing Cooperatives, we promote the continued expansion of the co-operative housing sector as a solution to housing need. The CHC has over fifty-five-year track record in forging innovative partnerships between communities and the public and private sectors. In overseeing a national confederation of housing co-operatives, the CHC recognizes that there are many differing views across the country and the CHC attempts to reach a broad consensus from these views.
Over the past five decade, the cooperative housing population in Egypt has increased to reach over 3239 cooperative housing societies over 7 regions under the authority of the CHC. Over the past five decades, the authority has facilitated through its own efforts over 2 hundred thousand number of dwellings. And through the societies 1.2 million. In total we have successfully built, we have built over 1.4 million dwellings, which house over 6 million Egyptians.
Part of our efforts are focused on making housing affordable and available within the new cities as part of the overall effort of the government to provide housing for Egyptians. More information on that national objective is available below.
- Dr. Eng / Hossam El Din Mostafa Rizk
Chairman of the General Authority for Construction and Housing cooperatives.
(Ministry of Housing, Utilities and Urban Communities)
The co-operative movement in Egypt celebrated its 110th anniversary in 2018.
Co-operatives were established as part of the “anti-colonial struggle”.
The emerging co-operatives were decentralized, and self-managed structures based on the Raiffeisen and the British industrial and provident society legal framework.
The creation of a Registry of co-operatives able to intervene, and secondary and apex organizations were also featuring of the emerging movement.
The co-operative movement today consists of five sectors: consumer, agriculture, fishery, housing and production and 18 thousand democratic co-operative organizations. It provides services to 25 million citizens.
Fair decent and affordable price range
Decent place to live
Members balance their priorities and the cooperatives budget
The management structure of the co-operatives gives members the possibility to address security issues
Major decisions must receive the approval of the members a good way to ensure efficient and proper manage
Commitment towards social goals
Through the co-operative members become aware of social issues and decide together to act
Housing Cooperatives – People First!!
Housing Cooperatives around the world take many forms: rental, ownership and co-ownership.
Co-ops are controlled by their members who have a vote in decisions about their housing.
It is not just another place to stay; it is home
The General Authority for Construction & Housing Cooperatives (CHC) in Egypt is
one of the economic bodies affiliated to the Ministry of Housing, Utilities and Urban Communities.
The CHC leads the cooperative housing system by providing guidance and creative
solutions that allow such a significant sector to implement cooperative housing projects in all governorates of the State.
Thereby providing adequate housing which are affordable to a large portion of different income classes as well as members of the cooperative housing societies. By June 2021 ,30 the number of cooperative housing societies reached 3,512 with a total investment of 23 billion EGP.
The Agenda 2030 for Sustainable Development adopted by UN Member States in September 2015 in New York set 17 ambitious goals with specific targets with the aim of reaching them until 2030. Among them, some are more particularly linked to housing. In total, about one billion people are involved in cooperatives in some way, either as members/ customers, as employees/participants, or both. Cooperatives employ at least 100 million people worldwide. It has been estimated that the livelihoods of nearly half the world’s population are secured by cooperative enterprises. The world’s 300 largest cooperative enterprises have collective revenues of USD 1.6 trillion, which are comparable to the GDP of the world’s ninth largest economy Spain.