(MENAFN) Remco Touristic Villages Construction Co. (RTVC) will start implementing its new project, Stella Di Mare II at 2m Sqm with whole investments value USD 0.50bn.
Moreover, the firm expected sales of USD 0.62bn from the projects, which is located in Ain Sokhna, on the 45th km of Al-Zafarana Road/ Suez Road.
Additionally, RTVS logged a 109.7 percent grow in losses through the first three quarters of the recent financial year (FY) in its united statements compared to 2015.
The building of new projects for medium-and high-income clients took the lion's share of both public and private firms and investments over the past two years.
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