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بوابة الشروق
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Government plans to transfer Red Sea lands
The Egyptian government is studying the transfer of authority over the Red Sea and South Sinai lands to the General Authority for Tourism Development, in order to unify the responsible entity and facilitate investments according to a plan to promote tourism development and expedite land allocation procedures. This step is part of efforts to reorganize the tourism land portfolio, improve the utilization of unused assets, and boost growth and the development of tourism projects in areas with natural and strategic potential. It is also considered part of the state's strategy to increase hotel and tourism capacity with the goal of raising sector revenues and attracting more tourists.
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