Egyptian Resorts Company-ERC

Egyptian Resorts Company S.A.E. (EGX: EGTS.CA), founded in 1995, is Egypts leading master developer of international-standard mega communities on a fully-integrated management basis. The company is incorporated in Egypt and headquartered in Cairo. Egyptian Resorts Company (ERC) acquires broad-acre land holdings in prime locations and develops a comprehensive master plan in partnership with the worlds leading architectural and urban planning firms. Heavy investment in state-of-the art infrastructure attracts the interest of leading sub-developers in land plots pre-designated for specific purposes residential communities, hotels and entertainment venues, office parks, schools and hospitals. ERCs flagship development project is presently Sahl Hasheesh, a fully-integrated resort community almost two-thirds the size of Manhattan located on Egypts pristine Red Sea coast. Egyptian Resorts Company has only one subsidiary called Sahl Hasheesh Company SHC (69.4% owned by ERC) , whi...