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2015 was dedicated to the underground infrastructure works for the entire resort, being one of the most important elements of high-standard constructions. The entire road infrastructure, the construction of the power and drinkable water networks was completed in this year. The work to open the foundations of the construction frames of the first phase of construction starts at the end of 2015.
The construction schedule is divided into three phases of construction. The first phase of construction ends in 2018. The second phase of construction ends in 2019 and the final phase will be completed in 2020, including the hotel. We worked intensively during 2016 to construct the foundations and frames of the villages and apartments of the first phase and we completed more than 85 buildings.
After the completion of the foundation and framing of the first stage, during 2017 work is being done on the placement of internal finishing works in these units. At the same time, the work has begun for the construction of the foundation and framing of the second stage for 60 buildings, as well as the works for the arrangement of the beach area to construct the promenade.
The first phase units will be completed and delivered in 2018, which will be fully functional and habitable. The entire promenade project in front of the beach is expected to be completed on the same year and the works for the construction of the hotel to begin.
Nearly all the foundations and frames of the resort will be completed in 2019, and about 150 units will be inhabitable. The services area will be fully operational and the foundation and the frame of the hotel will be completed.