She explained that the private sector accounts for the largest portion of these total investments, estimated at around EGP 115.6 billion, representing nearly 99.5% of the overall investment.
This has strengthened Egypt’s position as one of the continent’s top travel destinations, especially considering that tourism revenues are among the most critical sources of foreign currency for these countries.
The minister’s comments align with the government's ambition to see a 14% increase in total tourist arrivals by the end of 2025, aiming to attract 18 million tourists.
The Investment plan includes a total value of approximately $265 million to develop and increase the number of hotel rooms and branded serviced residences.
Fathy highlighted that Egypt closed 2024 with record-breaking results, welcoming 15.8 million tourists — a 6% increase from 2023 and a 21% growth over pre-pandemic levels.
