LMD reaffirms its commitment to clients and timely project delivery through the continued progress of construction works in Zoya Ghazala Bay, located at Ghazala Bay, Sidi Abdelrahman in North Coast, Invest-Gate reports.

The company has completed 100% of the concrete works in Clusters 1, 2, 3, and 4, reached 100% of the external front’s painting works, and installed the external facades. Additionally, LMD has finished the internal painting for Cluster 4, all external painting works for Cluster 3, and the construction works for Cluster 2.

Moreover, the earthwork for most of the entire residential area of the project has been completed, and implementing the concrete works of different residential models in the project, including the reinforced and traditional concrete of the foundation for several units of the one-story villas model and the sea villas model and signature villas model. Also, LMD is in the finalization process of the frameworks of slabs and columns, in addition to all earthworks of the twin and townhouses models.

On the other side, the company completed the casting of the raft foundation in Coconut Bungalows by Coconut Hotel Boutique, while the earthworks of the first phase’s Lagoon are ongoing on an area of 28,000 sqm, beside the pool which is existed in the first phase of the Lagoon.

LMD is targeting EGP 10 bn in revenues from Zoya Ghazala Bay, and the project is set to begin delivering its various units in 2025.

For his part, Amr Sultan, the CEO of LMD, stated, “We intend to use all of our resources to complete the construction of the various phases of the Zoya Ghazala Bay project on the specified time plan.”

We intend to present this project as a refined example of how coastal projects should be, and how they could diligently cater to various needs of residents and visitors through exclusive service offerings that consistently exceed clients’ expectations, Sultan added.

The project’s total built-up area covers only 15% of the total area, which is 153,000 sqm. The project comprises three phases with a variety of unit offerings, including standalone villas overlooking the sea, pools, and lagoons, as well as twin houses, townhouses, chalets, and cabanas starting at 120 sqm. The built-up area will be constructed allowing residents and visitors to enjoy the picturesque views of the waterscape and green areas.

Notably, Zoya Ghazala Bay spans over 129.66 acres, with a total investment of EGP 8 bn. It is located in Ghazala Bay at 142 km, Sidi Abdelrahman, only three hours from Cairo.