Investment opportunities

There are 10 airports offered to the private sector: Marsa Alam and Borg El-Arab airports, Ras Sudr airport, Bahareya Oasis airport, Ain Shokhna and Assiut airports, Sharm El-Sheikh and Aswan expansion projects, and the new Hurgada terminal.

The Gulf of Aqaba

The Gulf of Aqaba coast has been assigned high priority as a tourism development zone, offering possibilities for highly diversified, yet well integrated and balanced tourism opportunities.

The Egyptian Riviera on the Gulf of Aqaba, including Taba and Noweiba were given top priority.

Tourism development in the Riviera aims at introducing yacht tourism and sea cruising by building a marina to link tourist activities to entertainment and leisure on the beach.

  Existing hotel capacity represents 340 rooms in 2001, with total investment costs of LE 68 million.

  Hotel capacity under construction amounts to 627 rooms, with total investment cost of LE 126 million.

  Planned hotel capacity represents 7,200 rooms, with accompanying investment costs of LE 1,225 billion.

Red Sea

The area is divided into six tourist sectors, which are further divided into 24 centers, 16 of which already exist (three are under construction), and the remaining eight are planned to be constructed  

Wadi Al-Gemal Center

EGP 9.3 billion is earmarked for investment in Marsa Alam's unique centre for:

•   Distinctive tourist areas 1,900.

•   High potential tourist Areas 9,600 acres.

•   Moderate potential tourist areas 3,000 acres.

•   Natural bays areas.

•   Rocky mountains and Safari areas.

Al-Aqaba Bay

• Proposed Development:

•   14,250 4-5 star hotel rooms.

•  30,750 4-5 star hotel rooms

•  7,000 tourist village rooms and camp site.

•  5,000 resort housing unit.

•  Two marinas.

Ain El-Sokhna

 The development plan through until 2017 provides for dividing Ain El-Sokhna into seven tourist centers that comprise a total of about 10,000 hotel rooms and integrated services and utilities. Plans include new hotels in:

•  Ain El Sokhna: 1,500 and 500 rooms on the beach and rear areas

•  Galala: 1,000 rooms.

•  Northern Abul-Dorg: 1,000 beach-area rooms and 500 rooms in the mountainside resorts. This center will extend further into the desert area and Wadi Kuthaib for safaris, adventure excursions, and desert resorts.

•  Southern Abul-Dorg: 1,200 rooms around the beachfront area.

•  El-Houri: 1,500 beach area rooms.

•  El- Gureifat: 1,300 rooms on the beach area.

•  Northern Zafarana: 1,000 rooms around the beachfront area

Ras Sudr

The area stretches for 95 km along the Eastern Coast of the Suez Gulf in one of the most spectacular spots in South Sinai.

The area is divided into two main zones, each encompassing a group of tourist centers comprising several tourism and service projects and facilities:

• Northern Ras Sudr, including three tourist centers: Ras Masalla, South Oyoun Moses, and Moses Springs (Oyoun Moussa).

•  Southern Ras Sudr, including four tourist centers:  Northern and southern Ras Matarma, EL-Nekhela, and Ras Malaab.

Ras El Hekma

The area is located along the Marsa Matrouh/Alexandria road on the Mediterranean sea, with two tourist centers. One centre already exists named “Bagoush”, and the other centre is planned for construction by the TDA, namely  “Fouka”.

6,500 hotel rooms are planned with a total investment of about EL 1 billion by the year 2017.

El Fouka Centre

Two projects valued at  EGP 3.6 Billion.

Areas for Development:

•  Beach area with about eight lots, for 4-5 stars hotels (2,271 hotel rooms).

•  Tourist villages and resorts with an average area of 25,000 m² for each lot and the other area which includes a number of services and entertainment activities, 4-5 stars hotels, commercial center, and motels (9,299 resort village rooms).

Rosetta Edco Coast

Recreational activities related to the beach, bathing recreational, tourist and activity centers with swimming pools and sport fields. fishing community, local cuisine and art. Proposed development: 3,100 Rooms. Total investment cost EGP 1.5 billion