PACT for Investment and Real Estate Development, an Egyptian real estate developer, reveals the latest construction progress taking place in their North Coast project, White Bay, Invest-Gate reports.
PACT’s President Mohamed Gamal confirms, in a press statement, finishing the first two phases of the state-of-the art project as planned.
“We have thoroughly concluded 100% of all benches and bearing walls in phases 1 and 2, 100% of the concrete for first bench, 80% of stone works, as well as 85% of casting concrete for phase 1 units,” he elaborates.
Gamal also reveals that the company will launch the third phase of White Bay in May, featuring the Premium Nirvana Sky Villa.
“With a total inventory of 80 limited units, located in the second step only 200 meters from the beach, it represents the company’s latest product,” Gamal adds.
Encompassing 660 residential units varying between villas, twin houses, and chalets surrounded by green areas, White Bay is being built over four phases with a total cost of EGP 1.7 bn.
White Bay, which is characterized by its white sand beach, is located in Sidi Heneish, 30 minutes away from Matrouh and adjacent to the new Cairo-Dabaa road.