Egyptian Resorts Company is one of Egypt’s leading master developers of international-standard mega communities. We seek to redefine every aspect of Egyptian Urban planning to provide consumers with a unique and fully integrated experience. Our flagship development project is presently Sahl Hasheesh, a fully-integrated resort community some two-thirds the size of Manhattan located on Egypt’s pristine Red Sea coast. ERC is also actively pursuing additional opportunities and expansions into the development of world-class residential, mixed-use, and potentially even agricultural and logistical, communities.
Founded in 1995 and publicly listed in 1999, ERC’s mission is to redefine the standard of master planned developments in Egypt. Using its institutional skill sets and best practices developed on the Red Sea coast, ERC plans to penetrate the first- and second-home market in Cairo and beyond.
ERC typically acquires broad-acre land holdings in prime locations and develops a comprehensive master plan in partnership with the world’s 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, hospitals and the like. ERC also has a successful track record developing and operating its own projects, such as Old Town, Jamaran, Tawaya, and Sawari Marina, which allows it to maximize the revenue potential for its extensive land bank.
The company also extends state-of-the-art infrastructure development and community and property management facilities to independently- and sub-developed projects. ERC’s business model thus incorporates multiple features and revenue streams that ensure the company remains flexible in the face of changes and challenges in the region’s macroeconomic and political landscape. In the years ahead, ERC will create value in Egypt and abroad using the same principles we have refined at Sahl Hasheesh. The institutional expertise, hard-earned knowhow and network of relationships we have developed in the creation of our flagship resort community will lend themselves equally to the fulfilment of our goals.