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Phase 4 of Egypt's Agora Sidi project to be handed over by 2022

Phase 2 of the development, spanning an area of 8.8ha, has noted 80% progress and will be delivered in 2020

The project in located in Egypt's North Coast. [representational]
Pixabay
The project in located in Egypt's North Coast. [representational]

Egypt’s Al-Wadi Tourism Investment and Real Estate has revealed that phase 4 of its Agora Sidi Abdel Rahman project – located in the country’s North Coast, spanning an area of 4.2ha  was launched in July 2019 with the company’s commercial director, Ahmed Samir, stating that the developer aims to deliver the fourth phase by 2022.

According to a report by Daily News Egypt, citing Samir, Phase 4 of the project comprises 100 units offering sea views and will be constructed on 16-21m² sea surface height.

Samir said that construction on Phase 2 of the development has noted 80% progress and will be delivered in 2020, adding that Phase 3 had been delivered two years ago (2017).

The Agora Sidi Abdel Rahman residential tourism project is being built on an area spanning 8.8ha, and comprises 900 units and a 120-key hotel.

According to Samir, the development also features a mall covering an area of 2.1ha, on which commercial operations have already begun.

Speaking about the commercial area of the development, Daily News Egypt reported Samir as saying: “The commercial centre of the project encompasses several international brands, notably Ikea, which opened its second headquarters in Egypt and the first in the North Coast inside Agora on an area of 1,200m².” 

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Construction Week - Issue 747
Aug 03, 2019