CAIRO: Emaar Misr inaugurated the first international yacht port “Marrasi Marina and Yacht Club” in Egypt’s North Coast area along the Mediterranean Sea.
The project is the company’s latest addition in the region to attract yacht tourism to Egypt.
"We are proud of the opening of the first international yacht port in Egypt’s North Coast. It will put the North Coast on the map of yachting tourism around the world,” Mohamed Alabbar, managing director of Emaar Properties, said.
The project employs more than 180,000 employees.
Alabbar said the project contributes to the creation of job opportunities in the yacht services sector.
He said it would attract more investments to “this wonderful region in northern Egypt.”
The project is in line with the Egyptian government’s development plans.