Remco Tourism Villages Constructions

Founded in 1995, Remco Tourism Villages Construction Company (RTVC) is the flagship entity of the Remco Group (REMCO). The company began trading on the Egyptian Stock Exchange in 1998 (RTVC.CA), and its current paid-up capital exceeds EGP 2 billion. 

RTVC is a key player within the REMCO Group, holding majority stakes in the following companies: 

REMCO’s portfolio includes a range of resort complexes featuring: 

The company is involved in every phase of development, from acquiring land and designing the projects to selling individual units. It retains ownership of common areas, such as hotels, landscaped gardens, beaches, communal swimming pools, roads, and utility infrastructure, including water and sewage treatment plants. 

Following the delivery of properties to owners, REMCO continues to manage and maintain the developments. The company’s projects are in the Greater Cairo area, along Egypt's North Coast, and on the Red Sea Coast. 

Strategy 

Recognizing the critical role of construction in economic development, the Egyptian government has implemented measures to promote infrastructure planning, the creation of new communities, and tourism expansion. Over the past decade, significant development has taken place along the Mediterranean and Red Sea coasts, Sinai, and the suburban areas of Cairo. 

Egypt's residential and resort real estate markets have experienced substantial growth, with numerous new developments aimed at meeting the country's evolving needs. Demand for real estate continues to rise, supported by government initiatives to boost tourism. As a result, the private sector is encouraged to invest in the development of tourist resorts in emerging destinations along the Red Sea coast, Sinai, and the North Coast. While rapid growth has been observed, further expansion is expected in the coming years across both the residential and tourism sectors. 

REMCO’s portfolio encompasses projects with varying life cycles, which ensures a steady flow of profits and improved cash flow management. This diversification helps mitigate the impact of the cyclical nature of property development. As a result, REMCO is positioned as a sustainable entity with long-term profit-generating potential.