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of ELYSSAR
ELYSSAR
is required to implement all the planning and development
objectives set forth by the Detailed Master Plan. Hence, the
agency will rely on its financial and administrative autonomy
to approve development proposals, negotiate the finance of
affordable housing and infrastructure works, or enter in
partnership with developers to create valuable projects for
ELYSSAR and the capital. Although the agency is responsible
for improving conditions over 560 Hectares, yet there are 230
Hectares of exempted properties(with no illegal settlements
that do not require the intervention of the agency to regulate
urban conditions). The remaining 330 Hectares will be subject
to the following:
- Execution of all
primary and secondary roads with related utilities.
- Provision of all
necessary infrastructure and public services.
- Construction of
approximately 10,120 units of affordable housing over a 14
year period.
- Construction of around
1,260 shops.
- Creation of around
100,000 m2 of light manufacturing, parks, warehousing and
workshop Centers .
- Transfer of local
residents in illegal settlements into new and affordable
units.
- Equip and promote the
sale or investment of the newly created parcels to recover
some of the costs associated with expropriation, relocation
of families, provision of housing and infrastructure .
 
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