Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday evening at the government headquarters in New Alamein City, during which he reviewed the available investment opportunities in plots of land that can be used to build about 250,000 hotel rooms, to accommodate 30 million tourists annually.
The meeting was attended by the Minister of Tourism and Antiquities, Sherif Fathy, Minister of Housing, Utilities and Urban Communities, Sherif al-Sherbiny, Minister of Investment and Foreign Trade, Hassan al-Khatib, Minister of Local Development, Manal Awad, Deputy Minister of Tourism and Antiquities, Yomna al-Bahar, and the Chairman of the General Authority for Tourism Development Mostafa Mounir.
The Prime Minister reviewed some targeted areas to create new tourist destinations within the Red Sea and the North Coast on the Mediterranean, similar to what was implemented in Sharm el-Sheikh and Hurghada and what is being worked on for the Ras al-Hikma project.
The government is attaching great importance to the tourism sector, the Prime Minister said, as it is one of the main sectors the state is working to develop within the structural reform program that also includes industry, agriculture, communications and information technology.
He added that the state is currently working to meet several targets, including attracting 30 million tourists annually, and confronting the challenge of adding add about 200,000 to 250,000 more hotel rooms.
Madbouly said he ordered the Minister of Investment and Foreign Trade to work on promoting the attraction of more investors working in the development and operation of facilities and hotel rooms to accelerate the pace of establishing the required hotel rooms.
