New Plan Developments inaugurates Sahet Misr (Egypt Square) project, and hands over the first phase of the ÉCLAT project, in the presence of Governor of Port Said Adel Ghadban, Invest-Gate reports.

Egypt Square spans over an area of five acres, including the history garden and has been fully developed at the highest architectural and aesthetic level. The project includes a 22-m-high statue, and the development of the project began in November 2020.

Chairman of New Plan Developments Walid Khalil states that the New Plan’s implementation of the development work of the Egypt Square project comes within the framework of the company’s corporate social responsibility. He notes that the project is the gateway to Egypt overlooking the Suez Canal, which is seen by international ships passing through Egypt.

Additionally, the delegation inaugurates the delivery of the first phase of the ÉCLAT project, formerly Karawan. The ÉCLAT compound is one of the largest tourist villages in Port Said governorate and includes the first artificial lake in Port Said.

The development of the first phase of the project has been completed, and the cost of developing the first phase of the project amounts to EGP 250 mn. The project is scheduled to be completed by May 2022.

The project is being developed in partnership with Port Said Governorate. It comprises a variety of units and duplex villas.

Khalil concludes that there are other promising and different upcoming projects for New Plan Developments in Port Said governorate in the light of the company’s policy to diversify its products.

The opening ceremony witnessed the presence of Adel Ghadban, governor of Port Said, Ambassador Fayza Abul-Naga, advisor to the President for National Security Affairs, executive leaders in Port Said governorate, and New Plan Developments, in addition to members of the House of Representatives and the Senate.