Misr Italia Properties (MIP) Managing Director and CEO Mohamed Khaled El Assal has uncovered plans to deliver phase I of Kai Sokhna in the upcoming November, which is being developed with combined investments of EGP 2.4 bn on the Red Sea coast, Invest-Gate reports.
This came during El Assal’s tour on-site to keep abreast of the latest implementation updates, where he also revealed that the project’s five-star hotel, or “Hilton Ain Sokhna Hotel,” is slated to open in 2024, according to the company’s press release on August 25.
“Our partnership with Hilton is an important step that enhances the value of our project in Sokhna. We aim to change the stereotype of Ain Sokhna bein a winter destination with the provision of various activities and services within a gated beach community,” El Assal was quoted as saying, emphasizing that Kai Sokhna is a boutique luxury coastal resort, designed by Alchemy Design Studio.
Extending over a distinctive sandy beach of 1,000 meters in length, Kai Sokhna will encompass a total of 366 residential units, varying between chalets and standalone villas, in addition to the very first kitesurf center in Ain Sokhna, dubbed “FINS,” and the upscale Hilton hotel, the CEO further stated.
On his part, Hilton’s Vice President of Operations for Egypt and North Africa Mohab Ghali noted, “Hilton Ain Sokhna is set to be the perfect getaway destination, with its proximity to Cairo and prime location in Kai Sokhna. We are delighted to partner with MIP to introduce our first hotel in Ain Sokhna, under Hilton Hotels and Resorts brand.”
Hilton Ain Sokhna, which will comprise 200 keys, will be a valuable addition to the existing portfolio of 15 Hilton Hotels and Resorts, strategically located less than a two-hour away from Cairo, offering the brand’s world-class hospitality services to Egyptians and foreign visitors alike.