Inertia Egypt focuses on increasing project delivery, implementation rates in 2022: CEO

Inertia Egypt focuses on increasing project delivery, implementation rates in 2022: CEO

Ahmed El-Adawy, CEO of Inertia Egypt, a real estate developer, said that the company is focusing on increasing its implementation and delivery rates of its projects as it plans to increase the number of delivered units this year to 1,600.

He added that the “Jefaira” project accounts for the largest volume of deliveries in the last quarter of 2022. As the company’s main project in the North Coast, on an area of 5.8 million square metres, Jefaira comprises separate villas overlooking the sea, twin houses, townhouses, villas, chalets, apartments, and studio apartments. The built-up area of the project is 20%, and the rest is open parks and facilities for customers.

He pointed out that the company launched the trial opening of the project’s beach this summer. The beach will be fully operational next summer, with about 600 units delivered this year. He explained that the North Coast is on its way to full operation all year around, as the state plans, which will be done gradually.

He explained that a new phase was launched in the Jefaira project, called “Ayla”. It includes 790 units overlooking a lagoon and swimming lakes, on an area of up to 40,000 square metres, which guarantees a wonderful