Shaheen revises Red Sea resort
Jordan's Shaheen Business Investment Group expects to complete in mid-October the revised masterplan for its $2,000 million Red Sea resort development at Sahl Hasheesh near Hurghada. The new plan, which is being carried out by the UK's Foster & Partners, is an adaptation of an earlier scheme, revised after Shaheen acquired additional land for the resort earlier this year. The US' Parsons Brinckerhoff is the project manager. Construction is expected to start in early 2007 with the resort to become operational by mid-2010.
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