Naguib Sawiris, Chairman of Ora Developers, on his visit to Pakistan expressed high hopes for the real estate sector of Pakistan, adding that Pa kistan is an investment heaven for foreign investors.
He visited Eighteen, a luxury housing society located near Islamabad International airport, where he commented on the potential of the local housing sector and offered an optimistic outlook for future growth.
Naguib Sawiris also met Prime minister of Pakistan Imran khan during his visit to Pakistan.
While talking to journalists during his visit of Eighteen site, he appreciated the greater focus by the govt on the real estate sector and softening the construction policies and opening greater opportunities for businesses to flourish.
Such policies have helped to speed up the development of real estate projects and given a major boost to the industry growth.
The Egyptian tycoon said that the development of Eighteen will revolutionize the real estate sector of Pakistan because it will cater to the tastes of an urban class like never before.
Regarding the construction progress of Eighteen, he announced that the project is successfully moving towards its completion and from next year, the customers will be handed over their villas. The Clubhouse, one of the main attractions of Eighteen, will also be launched in mid 2022. The spectacular facility will offer multiple amenities.
Ora developers has the prestige of being a company with an international experience and vision that can truly transform Pakistan’s real estate landscape. Therefore, Naguib’s plans of expansions in the country offer a rosy picture for other potential investors.