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The Holding Company for Tourism and Hotels in Egypt plans to strengthen the utilization of its real estate and tourism assets through collaboration with Tameer Company, aiming to develop its owned lands in strategic locations such as the North Coast, Sharm El Sheikh, and Ras N Saarani. The plans include implementing a variety of projects such as tourist resorts, international hotels, and residential hotel developments, with the goal of increasing revenues and achieving financial sustainability. This initiative supports the state's efforts to expand hotel capacity and attract tourists. Sources believe that such partnerships will enhance the value of these assets and help attract foreign investments, benefiting from the expertise of the development and construction companies affiliated with the Holding Company for Construction and Tameer.
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