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Chairperson of RFCO, Ramy Fares, revealed that the project's investments amounted to EGP 1.6bn, noting that IL Mondo is a self-financed project so far, with expected sales of EGP 2bn.
RFCO for Construction and Development launched the third phase of IL Mondo project in the New Administrative Capital, with aims to achieve sales of EGP 2bn, the Chairperson of RFCO, Ramy Fares, said.
RFCO has launched previously a community initiative dubbed "Ebny Shaetak" which has included 17 projects offering residential units at relatively low prices, almost 40% lower than normal market prices.