Orascom Housing Communities (OHC) beat out regional competition and walked away with the Affordable Housing Development Summit Middle East Award, where Haram City was recognized for the Best Community Experience. OHC received the award during the region's only affordable housing event held in Manama from 26 to 29 September under the patronage of Shaikh Ebrahim bin Khalifa Al Khalifa, Minister of Housing, Bahrain.
Commenting on their win, Omar Elhitamy, Managing Director of OHC said, "We are honoured to be recognized for the pioneering steps that Haram City has taken in addressing the needs of the Egyptian community. The award recognises the exceptional efforts we've invested in developing not only a housing project, but a truly integrated community incorporating local heritage and lifestyle into its master plan. Developing such housing communities is crucial if we are to truly make progress in solving the housing challenges that Egypt faces."
Haram City, has already completed 10,500 housing units, housing some 5,000 families to date.
By developing integrated and self sustained townships, OHC's model supports job creation and quality education, the most powerful contributors to community well-being.
OHC's staunch community commitment helped secure their win. The city hosts a number of socially driven companies aligned with its vision such as Ertiqaa, a waste recycling facility, and Malaika, an embroidery factory that teaches women techniques to develop cotton garments. It also hosts a rehabilitation centre for homeless children run by Ana El Masry Foundation.
Moreover, OHC supports the Single Mothers Initiative enabling single mothers to provide for their families. OHC also provides equal education opportunities by subsidizing the Haram City Language School's fees, making it more affordable for residents.
The congress brought together regional and international public and private sector real estate sector key players where they were able to discuss markets strategies and opportunities.