Ramy Haggar, CCO of Yafa Mac Touristic Company, said that the company has delivered 600 units of Emirates Heights’ project in the North Coast in 2018, as it plans to finalize the delivery of its remaining units during the forthcoming year, Invest-Gate reports.

Haggar stated that the units’ delivery is consistent with a schedule set by the company as part of its development plan, according to a statement.

The CCO elaborated that the company has committed itself to the delivery plan in favor of its clients, as stipulated in the contracts, despite the fluctuation in raw material prices.

“The company is close to complete the second phase of the project, in addition, the occupancy rate in Emirates Heights resort is going well,” he explains.

“Further, the company is working on the project in two parallel directions; the first is to complete the rest of the remaining construction works in phases one and two and the second direction is to work on completing project’s utilities such as water and electricity. Moreover, the company is working towards completing utilities by the next year.”

According to Haggar, Emirates Heights is a 125-acres and 750-square-meters beachfront project that includes various leisure activities, while presenting a handful of units with varying sizes and modules.

Last year, Yafa Mac had announced injecting EGP 1.5 bn in the second phase of its North Coast project, in addition to implementing a yacht port.