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New £84billion city being built in winter sun holiday hotspot with beaches and resorts – so big it has its own airport

A HUGE new waterfront development is set to transform a Brit-loved winter sun hotspot.

Ras El Hekma is a new waterfront megaproject being built in Egypt, which will be twice the size of Barcelona.

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A new mega-development is being built in Egypt[/caption]
YouTube/ Elbayt real estate
Ras El Hekma is a new waterfront city[/caption]
DSC/Elbayt real estate
It will have 11 different districts[/caption]

Ras El Hekma will be on the North Coast of Egypt between Alexandria and Marsa Matrouh.

It will also be just a few hours from Cairo, with plans to have both flights and cruise ships from Europe.

This means a new international airport will be built, along with a cruise terminal and high speed rail links.

Brits can currently fly to Cairo in just under five hours, with flights to the the development expected to be slightly shorter.

Resorts expected to be built there include Accor – who own Ibis and Novotel – and Ennismore.

The luxury golf courses will be created by Valderrama, one of the most famous golf resorts in the world.

The main waterfront area will be the tourist resort with a main downtown that has beach resorts, public beaches and “coastal communities”.

Another district will promote “local culture”.

Images also show a cable car network as well as restaurants right on the beach.

Some of the first stages will be complete by next year, such as some of the beach apartments, amusement facilities and the seafront with construction starting next month.

The project is being developed by Abu Dhabi based Modon Holding as well as other UAE and Egyptian developers including ADQ subsidiary Ras El Hekma Urban Development Project Company.

As much as $110billion (£84billion) investment is expected by 2045.

His Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, said, “Ras El Hekma is destined to become a regional crown jewel in a country already famed for its rich and diverse attractions.

“Modon Holding is proud to bring this 170-million-square-metre
visionary megaproject to life, leveraging our expertise and innovative approach.

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Both tourists and locals will visit, according to developers[/caption]
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The project will attract billions of investment[/caption]

“With our partners, we are poised to transform Ras El Hekma into a dynamic economic powerhouse and a global model for urban development.”

Another £16.3billion beachfront attraction is set to open in Egypt as well.

The new SouthMED project is to become a “global destination on the southern Mediterranean”.

As well as 2,000 hotel rooms, there will also be an international marina and 8km beach.

Five new water attractions opening in the UK

  1. Therme Manchester will have 25 swimming pools, 25 water slides and an indoor beach.
  2. Modern Surf Manchester will be a surfing lagoon offering lessons to both beginners and experts.
  3. Chessington World of Adventures Waterpark is set to have wave, infinity and spa pools as well as waterslides and cabanas.
  4. The Cove Resort, Southport is likely to have a water lagoon and a thermal spa with steam rooms and saunas.
  5. The Seahive, Deal plans to be the “surfing wellness resort” in the UK.

In Greece, a £6.8billion Dubai-like attraction is set to open with the seaside resort home to five-star hotels and marina.

And a £4.3billion beachfront attraction in Qatar is to “rival Disney” in size.

Modon Holding
Parts of the first phase will open next year[/caption]

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