Engineer Randa El-Manshawi, Minister of Housing, Utilities, and Urban Communities, chaired a meeting of the Board of Directors of the General Authority for Tourism Development to follow up on the authority’s ongoing work files, review the implementation status of tourism development projects, and discuss mechanisms aimed at accelerating investment activity.
The meeting was attended by Dr. Ahmed Rostom and Dr. Walid Abbas, along with several board members, while some participants joined remotely via video conference.
Supporting the Tourism Sector and Optimizing Asset Use
At the start of the meeting, Engineer Randa El-Manshawi reaffirmed that the Egyptian state attaches significant importance to the tourism sector as a key driver of the national economy. She underscored the need to maximize the use of available assets and resources and to strengthen Egypt’s position on regional and global tourism and investment maps.
She further highlighted the importance of the General Authority for Tourism Development continuing to carry out its development and investment responsibilities effectively. She stressed enhancing its role by creating an attractive investment climate and applying the highest standards of quality and sustainability in tourism project implementation, contributing to integrated development across tourism regions.
Facilitating Procedures for Investors
The minister noted that the ministry is actively working to simplify procedures for investors and remove any obstacles that may hinder project execution while continuously monitoring implementation progress. This approach aims to ensure compliance with project timelines and maximize the economic and developmental returns of tourism investments.
She also emphasized the importance of expanding promising investment opportunities and strengthening collaboration with the private sector, in line with the state’s strategy to increase both local and foreign investment, support sustainable development efforts, and create more job opportunities.
Investment Opportunities via the Official Website
During the meeting, Dr. Mostafa Minir reviewed a number of investment offers and requests submitted by tourism development and investment companies, in addition to monitoring the progress of ongoing projects.
The discussion also covered procedures for announcing investment opportunities and submitting applications through the authority’s official website, where opportunities are made available between the 1st and 10th of each month via the online platform. The meeting further examined several additional proposals and requests presented by tourism investors and companies.
Conclusion
At the end of the meeting, the minister directed continued coordination among all relevant authorities, intensified efforts to speed up investment activity, and further expansion of attractive investment offerings in order to support the achievement of the state’s broader development objectives.