Egypt Aims to Boost Tourism with New Megaprojects on the Red Sea
As part of an ambitious strategy to increase tourist flow, Egypt has earmarked several locations along the Red Sea coast for the development of new large-scale tourism projects. The government is targeting investment in the tourism sector to significantly increase visitor numbers and contribute to economic recovery following the impacts of the COVID-19 pandemic.
Specifically, this involves developing infrastructure, improving investment conditions, and creating new resorts that are capable of attracting tourists from around the world. The Egyptian Minister of Tourism announced the designation of several key areas that will be transformed into high-quality tourist destinations. Priority is given to areas that currently require enhancement and could become significant tourist hubs.
The project includes not only the construction of new hotels and resorts but also the creation of entertainment and cultural infrastructure aimed at attracting various categories of tourists, including family travelers, active leisure enthusiasts, and cultural event-goers. It is expected that the emergence of new properties will enhance Egypt's overall image as a tourist destination and increase its attractiveness on the international stage.
Additionally, Egypt is actively working on marketing campaigns to promote the country as a safe and interesting place to vacation. Given the country's rich historical and cultural value, it stands a good chance of securing a place among popular destinations. The Ministry of Tourism has emphasized that the safety of tourists is one of its main priorities and is actively collaborating with international organizations to ensure security across all tourist routes.
Thus, considering all the above changes and efforts, Egypt hopes not only to restore previous tourist flow levels but to significantly increase them by creating new jobs and stimulating economic growth.
Leading global investors have already expressed interest in the project, and the first cooperation agreements are expected to be signed in the coming months.
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