20 Hrs
Source:
مصراوي
Heikal praises land sales
Businessman Hassan Heikal, responding to Hamdeen Sabahi and Khaled Ali, said that selling land for development—particularly for integrated tourism projects—is “a great thing,” given the investment, jobs, infrastructure, and tourism revenue in dollars it can generate. He stressed that developers must adhere to a clear timetable and defined responsibilities, while Egyptian sovereignty and state oversight are preserved. He also affirmed that attracting investment can go hand in hand with ensuring citizens have access to beaches and public areas. He cited the Ras El-Hekma deal, which he said involved $35 billion in investment, as a model that could be replicated.
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