The CEO of Ora Developers, Naguib Sawiris, expressed excitement at a recent press conference about the progress of Pakistan's prestigious Eighteen housing project.
As part of the development of the project, significant milestones have been reached in infrastructure development, which will redefine the standards of luxury living in Pakistan, blending modernity with natural beauty. This includes the visit of the Regional Dispatch Centre of China Gezhouba Group Company (CGGC).
A number of key projects are being undertaken by the China Gezhouba Group Company in Pakistan as part of the China-Pakistan Economic Corridor (CPEC). The event featured the inauguration of 'The Market', as well as a state-of-the-art, 9-hole professional Golf Academy, and various recreational facilities including sports clubs, fitness centres and sports complexes.
A lively handover ceremony was also held in the presence of Naguib Sawiris for an eight Kanal Villa in the Dandelion Cluster at Eighteen, and the Penthouse of the Heights.
The Chairman presented the clients with symbolic keys to commemorate the occasion, while highlighting Ora Developers' commitment to delivering high-quality properties and amenities for its residents.
Looking ahead, Mr Sawiris expressed his views that Pakistan is a lucrative destination, with significant potential for future investments.
With the launch of "The Club at Eighteen", a modern masterpiece in the heart of the development, as well as the initiation of the exclusive clubhouse membership program, the development has reached a significant milestone.
With world-class facilities, a state-of-the-art 18-hole championship golf course with panoramic views, and a luxury lifestyle unparalleled, the clubhouse is an exceptional place to call home.
The attractiveness of any investment destination, however, depends on a plethora of factors, including economic stability, government policies, regulatory frameworks, and market conditions. Investing in a particular country requires consideration of these factors by investors like Ora Developers.
Mr Sawiris' optimistic outlook on Pakistan as an investment destination indicates his optimism about the country's future growth and profitability. Ora Developers' presence in Pakistan may be further explored and expanded as a result.
Mr Sawiris expressed gratitude to Pakistan's government and people for supporting Ora Developers. Furthermore, he urged the government to implement long-term investment-friendly strategies to ease the process of doing business in Pakistan, emphasising the importance of a conducive business environment.
Eighteen's CEO, Tarek Hamdy, attributed the project's success to the company's deep understanding of Pakistan's real estate market. According to Hamdy, customer preferences are shifting toward eco-conscious homes, with growing demand for green and luxury properties.
“With a track record of delivering world-class projects, we are dedicated to setting new standards in luxury and innovation within the real estate industry,” he concluded.
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