ERC - Egyption Resorts Company
Share price (LE): 1.86
Date:  08/09/2010
Time:  13:16:59
Newsflash
Leading global developer Orascom Development Holding to develop Sahl Hasheesh Marina, takes equity stake in ERC... Mohamed Kamel was appointed to be Chief Executive Officer at ERC in 2010... ERC began work on a new electricity substation at Sahl Hasheesh...
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ERC is a master developer of international standard communities on a fully-integrated management basis, incorporated in Egypt and headquartered in Cairo. 

Business Model: 

ERC acquires broad acre land holdings suitable for high quality development at nominal value, creates a master plan with some of the world’s leading architectural and urban planning firms, invests in state-of-the-art infrastructure, implements design guidelines and community management rules and regulations, and then on-sells individual pre-designated plots to sub-developers and investors. 

Utilities and Community Management:

ERC exclusively supplies utilities (water, electricity, communications) within our developments, through our project partners, and implements world class community management schemes.

 

© Copyright ERC 2010. All Rights Reserved. D&D by dna.