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بوابة الفجر
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PM witnesses hotel development deal
The Prime Minister of Egypt, Mustafa Madbouly, signed an agreement with Marriott International and the companies Egypt Italy Real Estate and Pipol and Places for Real Estate Development to develop over 1,800 hotel rooms, including hotels and resorts, across Egypt. The projects will be situated in both coastal and urban destinations, with the aim of boosting the tourism sector and improving the quality of hotel services. The agreement seeks to expand hotel capacity and encourage foreign investment, supporting tourism revenues and creating more job opportunities. This effort aligns with the government's initiatives to develop infrastructure and attract visitors. The initiative is part of a broader strategy to strengthen Egypt’s position as a major tourist destination and to add mixed-use developments in new cities and key tourist areas.
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