Chairman of Amer Group Mansour Amer has signed a contract with Major General Adel Al Ghadban, governor of Port Said, to establish a 90-acres integrated touristic project in Western Port Said, with an initial investment of EGP 3 bn, Invest-Gate reports.

Amer said during a press conference on Monday that the Port Said project will offer exceptional touristic and entertainment services.

Amer pointed out the project’s goal is developing the city, raising its accommodation capacity, serving investors and providing job opportunities to people in the city and the surrounding areas.

The project will offer 6,000 permanent jobs, for which workers will be trained at the highest level, in addition to 4 mn opportunities during construction.

The project includes a 5-star hotel, hotel apartments, a school, a club, a small hospital, a commercial mall and various restaurants.

The company also seeks to set up a yacht pier to attract yachts, after obtaining the necessary approvals.

“The project’s land is part of the sea and therefore requires difficult engineering work. Yet, the company is moving its equipment to start work immediately, as soon as we receive the land,” Amer said.

Amer also praised the role of the governor and the regulatory bodies in contracting and licensing processes, which lasted for about two years.