March 11, 2018 / 8:01 AM / 2 months ago

BRIEF-SODIC To Develop Residential Tourism Project in Partnership

March 11 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO:

* SIGNS TWO PARTNERSHIP DEALS TO DEVELOP RESIDENTIAL TOURISM PROJECT ON ABOUT 308 FEDAN PLOTS

* OWNERS OF PLOTS TO HAVE PARTICIPATION OF 28 PERCENT AND CO 72 PERCENT OF TOTAL REVENUE OF RESIDENTIAL AND COMMERCIAL UNITS

* EXPECTS TOTAL CUSTOMER CONTRACTS OF PROJECT TO REACH ABOUT EGP 15.2 BILLION DURING 7 YEARS Source: (bit.ly/2tz1Obh) Further company coverage:

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