New Plan Developments has inked a cooperation protocol with Port Said Governorate for the development of “Sahet Misr,” which is the main piazza of the coastal Mediterranean city, Invest-Gate reports.
Upon completion, the area is set to become a tourist hub, Port Said Governor Adel Al-Ghadban affirmed in an official statement on September 18, noting, “The shape of the square will be aesthetic and civilizational by the implementation of distinctive landscapes to attract tourists to the governorate.”
Al-Ghadban also highlighted, “Today, Port Said sees economic, industrial, logistical, and touristic projects.”
On his part, Chairman of New Plan Developments Walid Khalil hailed the achievements to develop Port Said, emphasizing, “The company is honored to sign this deal, which is part of its role in community development, national duty toward Egypt, and state’s participation in the comprehensive development plan across all governorates.”