The Egyptian Desert Land Law is an Egyptian Law No. 143 of 1981 (and its amendments 55/1988, 205/1991, & 96/1995) that governs the acquisition and ownership of desert land in Egypt.
Video Egyptian Desert Land Law
Desert Land in Egypt
Egypt is predominantly desert. Only 35,000 km2 - 3.5% - of the total land area is cultivated and permanently settled. Most of the country lies within the wide band of desert that stretches eastwards from Africa's Atlantic Coast across the continent and into southwest Asia.
Egypt's main desert areas are:
- Western Desert (from the Nile valley to the border with Libya
- Eastern Desert (from the Nile Valley to the Red Sea coast)
- Sinai Peninsula
Maps Egyptian Desert Land Law
Principles of the Desert Land Law
Article 1 of Law No. 143 defines desert land as the land two kilometers outside the border of the city. Certain limits are placed on the number of feddans (one feddan is equal to 1.038 acres or 4200 m²) that may be owned by individuals, families, co-operatives, partnerships and corporations:
- up to 150 feddans for individuals.
- up to 10,000 feddans for partnerships.
- up to 50,000 feddans for joint-stock companies.
Foreign partners and shareholders may be involved, provided Egyptians own at least 51% of the capital. However, upon liquidation of the company, the land must revert to Egyptians. The lease of desert land for more than a period of 50 years shall also be considered to be ownership under Law 143.
Although companies formed under the Investment Law No. 8/1997 do not require Egyptian participation, companies that undertake projects over desert land must be owned in their majority by Egyptians. According to the law 55 of 1988, the President of the Republic may decide to treat Arab nationals as Egyptian nationals for purposes of this law.
Amendments
55/1988, 205/1991, & 96/1995
References
External links
- Doing Business in Egypt
Source of the article : Wikipedia
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