Port Said Governor Adel El-Ghadban broke ground on a EGP 5 bn touristic project on October 28, according to state news agency MENA.
The new project, located in West Port Said District, extends over 102 acres and is set to include a shopping mall and 200-key beachfront Hilton Hotel.
The project will also comprise residential projects including Tower Bay residential complex.
The project is scheduled for completion in four years and will help create 2000 job opportunities.