This more likely The land would be confiscated and given to one of the sharks in Egypt All corrupt Never invest in Egypt again

Due diligence report of April 2017 conducted by RSM Egypt Financial Advisory: Based on the Legal Counsel Report and visit to the TDA, the Company has a grace period until the year 2019 to finalize the Project. If not, there should be a request from the Company to extend the period. Further extensions would be subject to additional fees (delay penalties). If there is no request from the Company by that time, the land would be withdrawn. Our lawyer Mr El-Sharkawi is aware of this situation. We have 3 options to avoid the land will be confiscated: 1. Sell Marsa Alam Beach Resort; 2. Restart construction; 3. Request from El Sery to extend the period Accept a penalty.