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Country-Plan Projects and Tenders |
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8309 Subject |
مشروع سياحي ضخم بالساحل الشمالي بأستثمارات من البحرين UAE mega investors are to soon proceed with the implementation of an integrated [mega] tourist development project in Al Alamein on the North West Coast. |
| Date Published | Friday, April 15, 2005 |
| Source Name | Al-Akhbar |
| Location Name | Matrouh |
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Description Date Format: (mm/dd/yyyy) |
Sheikh Said Al Seweidi, Chairman of the Federation of the Chambers of Commerce in the UAE, has announced, following his meeting with Egypt Prime Minister, Dr. Ahmed Nazif, UAE mega investors would soon start works on an integrated [mega] tourist development project in Al Alamein on the North West Coast. On his side, Egypt Minister of Tourism, Mr. Ahmed Al Maghrabi, was quoted in the media, indicating that the Prime Minister has presented facilities & incentives now offered by Egypt to Arab investors, apart from customs reduction & other enhanced facilities for licenses and logistics services. N.B. Development came in less than 48 hours after giant Eemar Group of the UAE was granted a concession to revamp 4 million M2 land on Zahraa Al Moqattam Hill under $ 2 billion estimated investments. |
| Sectors Section |
Beneficiary Sectors - Construction Projects Hotels & Tourist Development - Consultancy Engineering Consultancy |