Since the beginning of the construction work on IL Mont Galala project in Ain Sukhna in April 2016,
Tatweer Misr has completed pumping investments of approximately EGP 6 billion into the project,
according to Dr. Ahmed Shalaby, President & CEO of the company.
With a total investment volume of EGP 18 billion, IL Monte Galala is being built on 525 acres (nearly 2.5
million square meters) in the Galala Mountains area in Ain Sukhna. The project is only 45 minutes from
the New Administrative Capital and close to the Suez Canal axis, as well as the city of Galala.
[caption id="attachment_299719" align="alignnone" width="834"]
Dr. Ahmed Shalaby- Tatweer Misr[/caption]
During a recent two-day tour organized by Tatweer Misr, for the real estate media, in IL Monte Galala
project, Sada El Balad Aqarat (Real Estate) reported that the project is in a ready-to-move-in condition
and has been equipped with most of the services the company had promised to provide.
In addition to the Coronavirus pandemic still being on the horizon, the opening of multiple schools in the
New Administrative Capital and universities in El Galala City this year both played a key role in setting IL
Monte Galala project to serve as a primary residence (first home) and not just a seasonal residence.
Furthermore, the distance between the resort and both cities is actually less than that between the Fifth
Settlement and Zamalek or Sheikh Zayed, adding yet another undeniable reason for customers to
choose the project as their new home.
Among the observations taken by “Sada El Balad Aqarat” during the tour is that IL Monte Galala is
perfectly suited for the transfer of business owners who are able to work from home during the
pandemic, especially because of its serenity and beauty situated at an altitude of more than 200 meters
above sea level.
IL Monte Galala features a 1,350-meter-long beachfront with a total investment of EGP 1.1 billion and
aims to build 10,000 housing units in total. With 5,000 residential units and 4,000 service apartment
units, the project's units range in size from 73 to 500 square meters.
In addition, the project presents the world's first Crystal Lagoon built entirely on the mountain.
Operating nearly two years ago, the project includes a “Base Camp” which is a mountain climbing resort
that was established and managed by Omar Samra the famous mountain climber and adventurer.
As part of its project, Tatweer Misr is investing EGP 2 billion in building 1,000 hotel rooms with a total of
9 hotels in IL Monte Galala; 6 hotels being in the first phase offering around 300 hotel rooms and 4
hotels in the second phase promising around 700 more hotel rooms.
In terms of residential unit deliveries, Tatweer Misr plans to deliver 700 units by the end of 2021, and
about 1,500 units in 2022, bringing the total to 2,200 units ready for delivery, as the first phase includes
approximately 4000 units in various stages of implementation, with 51% of the work being complete.
In conjunction with the construction works, “Tatweer Misr” is investing about EGP 2 billion in smart
solutions in IL Monte Galala project, which relies on sustainable infrastructure represented in the
construction of a wastewater treatment plant with a total investment of EGP 45 million.
The treatment plant was one of several stops during the tour, and Sada El Balad Aqarat recorded that
85% of the treatment plant construction work was complete and was operated using triple biological
treatment technology to produce high-quality water for lawn irrigation. That in addition to the
development of a saltwater desalination plant with a total investment worth EGP 40 million, 50% of
which has been completed, and includes construction, expelling wells, tanks, and networks.
IL Monte Galala is characterized by the presence of a network of mobility solutions with total
investments of EGP 300 million assisting unit owners and guests in moving around the project without
the use of a car by utilizing a variety of transportation means.
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