Ramy Fares Company for Construction Development (RFCO) holds an iftar celebrating one of its projects in the New Administrative Capital, Invest-Gate reports.

The Iftar is held mainly for the buyers and the company’s employees.

RFCO is the first real estate company to start housing work in the R7 area of the NAC.

Ramy Fares, Chairman of RFCO, reveals that the implementation of Il Mondo residential project in the new capital had been completed.

The project is implemented with investments amounting to EGP 2 bn. Around 80% of the project is completed.