Developer X announces obtaining ministerial approval for the development of Bianchi Ilios project in North Coast, Invest-Gate reports.
Ahmed Fouad, CEO of Developer X, says, “the company undertakes all development work, including planning, designing, developing, and marketing for the project, which is scheduled to be constructed and delivered within 4 years.”
Bianchi Ilios spans over 115 acres in the North Coast, explicitly in a distinct area in Sidi Abdel Rahman and comprises chalets, villas, twin houses, townhouses, a 5-star hotel, lakes, and an entertainment area, besides a commercial area that provides integrated services to clients.
“The company has a plan to speed up the construction process and deliver the project in accordance with specific quality standards, with the use of the latest construction methods and in cooperation with strong entities in different specialties,” Fouad states.
Moreover, X Developer negotiates with an international hotel management company, which manages more than 650 hotels around the world to manage the hotel apartments project and the entertainment area within the Bianchi Ilios project.