Minister of Tourism and Antiquities held a Meeting with GAFI CEO and a Number of Tourism Investors

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27-10-2022
Minister of Tourism and Antiquities held a Meeting with GAFI CEO and a Number of Tourism Investors

Minister of Tourism and Antiquities Mr. Ahmed Eissa held a meeting with GAFI CEO Counselor Mohamed Abdel Wahab at the Ministry's headquarters in Zamalek today. The meeting was attended by the Chairman of the Egyptian Tourism Federation (ETF) Mr. Ahmed El-Wassief, a number of tourism investors, and representatives of some tourism companies.
From the Ministry, the meeting was attended the Assistant Minister for Minister's Office Affairs Mr. Ahmed Ebeid, the Assistant Minister for Technical Affairs Ms. Youmna Al-Bahar, and the Legal Adviser to the Minister Counselor Hazem Al-Lamai.
The meeting was held to review the facilitation that could be provided to tourism investors as per the Investment Law, in addition to discussing some proposals and visions that would improve the tourism investment climate in Egypt.
The Minister began the meeting by welcoming the attendees, expressing his appreciation for the existing and fruitful cooperation between the Ministry and GAFI in promoting and increasing tourism investment opportunities in Egypt. He also expressed his thanks and appreciation to Counselor Mohamed Abdel Wahab for his keenness to attend the meeting, since it is a good opportunity to review the facilitation that could be provided to tourism investors as per with the Investment Law.
The Minister pointed out that one of the main pillars included in the National Strategy for Egyptian Tourism strategy, which will be implemented during the coming period, is improving the tourism investment climate in Egypt, especially in hotel investments, as well as raising the level of quality of services provided in the Sector and protecting competition.
On his part, GAFI CEO gave a presentation on the most prominent advantages and types of investment incentives offered and made available by the Investment Law to investors, especially those related to Tourism Sector.
He also talked about some proposals and solutions that would contribute to the facilitation of investment business and procedures for obtaining licenses for such investment business.
During the meeting, many inquiries from tourism investors and suggestions for improving the investment climate in Egypt were listened to and discussed.​


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