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Thndr Claps » EGY Claps » Tourism 🏖 » Remco planning to pump EGP 700mn in investments

Remco planning to pump EGP 700mn in investments

by Omar El Shorafa
January 17, 2023

The Clap
Remco Tourism Villages Construction plans to invest around EGP 700mn during 2023.

What
The EGP 700mn are proceeds from selling the Stella Sharm El-Sheikh Hotel in Naama Bay.

So What
Sources say that these investments will be directed to the “Stella 2” project in Ain Sukhna, and “Stella Park” in the New Administrative Capital.

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