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Country-Plan Projects and Tenders |
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6647 Subject |
100 الف غرفة سياحية مطلوبة سنويا لاستيعاب الزيادة المستمرة في قطاع السياحة To cope with a 7% annual growth in the tourism sector, Egypt would need to add 10,000 hotel rooms annually to its hotel capacities. |
| Date Published | Sunday, August 01, 2004 |
| Source Name | Gomhouria |
| Location Name | Country Wide |
| Description | According to Mr. Ahmed Al Maghrabi, Egypt [New] Minister of Tourism, there is a need to add annually 10,000 new rooms to our hotel capacity to cope with a projected 7% growth in the sector. He added that we must arrange investments to back the sector expansion, with priority to be obviously given to complete suspended [earlier troubled] projects before considering new projects. Here the Minister stressed the need to re- view the role of banks in financing such projects |
| Sectors Section |
Beneficiary Sectors - Construction Projects Hotels & Tourist Development |
