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Egyptian Gazette
Home Business Real Estate

New Plan Developments manages Al-Jazeera Casino

by Hamed Mahmoud
August 30, 2021
in Real Estate
New Plan Developments manages Al-Jazeera Casino 1 - Egyptian Gazette
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New Plan Developments announced that it has won the management of Al-Jazeera Casino project in Port Said governorate under the usufruct system for a period of 20 years.

Governor of Port Said Major General Adel Al-Ghadban said that Al-Jazeera Casino is a floating casino that had been suspended for more than 13 years without being used, added that the Port Said governorate had launched a public auction for the casino as part of its plan to develop tourism sector in the governorate.

Al-Ghadban stressed that the development process comes in line with the expansion of all economic fields in Port Said, pointed out that the floating casino will be developed and upgraded through New Plan Developments.

The governor noted, “The casino will enhance the popularity of Port Said as tourist destination due to its distinguished location on the seashore.”

For his part, Chairman of New Plan Developments Walid Khalil said that Port Said governorate held a public auction today for investors to run the project, and it was announced that New Plan had won the right to exploit the floating restaurant Al-Jazeera Casino as a hotel and tourist project for twenty years.

Khalil added that the casino is not the company’s first project in Port Said, pointed out that New Plan is developing two projects in the governorate, namely ÉCLAT resort in partnership with Port Said governorate.

ÉCLAT is a residential project situated on 40,000 sqm comprising 350 housing units, and the company is developing it according to the latest architectural designs, which are in line with the company’s orientation in terms of choosing distinctive sites and the latest designs.

He explained the project will be delivered within a year and a half of contracting with clients; moreover, the resort contains an artificial lake on 5,000 sqm.

Tags: Al-Jazeera CasinoÉCLAT resortNew Plan DevelopmentsPort Said

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