≡-Egypt Targets Thirty Million Tourists by 2031 with Major Infrastructure Investments in Hotels, Restaurants, and Ancient Site Preservation to Drive Economic Growth Through Tourism – Viral of Today

<> Viral of Today <>
Home » EGYPT TRAVEL NEWS » Egypt Targets Thirty Million Tourists by 2031 with Major Infrastructure Investments in Hotels, Restaurants, and Ancient Site Preservation to Drive Economic Growth Through Tourism Wednesday, June 11, 2025Egypt has launched an ambitious investment initiative with the goal of drawing 30 million tourists by 2031, marking the beginning of a transformative phase in the country’s tourism and antiquities sectors. This plan is integral to the government’s broader strategy to enhance foreign direct investment (FDI), aimed at revitalizing the tourism industry, upgrading infrastructure, and safeguarding Egypt’s rich cultural heritage, ultimately solidifying its status as a premier global tourist destination.Tourism is considered one of the key pillars of Egypt’s economy, and with this new investment plan, the government seeks to further amplify the sector’s economic impact. To achieve this ambitious target, the government is focusing on creating a series of clearly defined investment opportunities across tourism-related industries, with an emphasis on expanding facilities and improving visitor experiences. This strategic approach is aimed at attracting international investors to help fund and support the expansion of the tourism sector.A critical component of the plan is the establishment of a dedicated unit to track and identify investment opportunities. This unit’s goal is to create an “investment opportunities bank,” an innovative platform that will centralize and present available projects to potential investors. This initiative aims to streamline the investment process, making it easier for both local and international investors to access detailed information and become part of Egypt’s growing tourism sector.Achieving the target of 30 million tourists will require a substantial increase in the country’s accommodation capacity. In 2024, Egypt added 7,200 new hotel rooms, with more than half of these being brand-new establishments. Looking ahead, another 19,000 hotel rooms are expected to be added by 2025. This expansion in hotel capacity is essential to meet the growing demand for accommodations from international visitors, ensuring that Egypt is well-equipped to host an influx of tourists.The government’s investment strategy extends well beyond hotel developments, encompassing initiatives in restaurants, cafés, and the preservation of Egypt’s historical landmarks and antiquities. In the past five years, the Supreme Council of Antiquities has carried out an average of 36 restoration projects annually, safeguarding the country’s ancient treasures for future generations and ensuring that these iconic sites remain a major draw for international visitors.Looking further ahead, the investment strategy for 2025 to 2031 outlines plans for developing various aspects of Egypt’s tourism infrastructure. This includes the creation of new safari experiences, themed parks, camps, and leisure facilities across Egypt’s diverse regions. Additionally, the plan calls for the rehabilitation of historical sites and museums through public-private partnerships, which will help preserve Egypt’s rich cultural history while also modernizing the visitor experience.This long-term investment strategy forms part of a national initiative to attract investment into a variety of key sectors. The approach focuses on identifying high-priority areas, proposing reforms to policies and regulations, and ensuring that all investment opportunities are clearly mapped and easily accessible to investors. The national strategy is structured to provide a clear roadmap for investors, offering them opportunities that are ready for implementation.The plan also includes ongoing coordination between the relevant ministries to ensure that the investment goals are met. Regular meetings and progress reports will be used to monitor the implementation of the strategy, make adjustments where needed, and keep all stakeholders aligned on Egypt’s objectives. This collaborative approach is designed to ensure that the country’s tourism sector grows in a sustainable and organized manner.The new investment strategy for tourism and antiquities represents a major step forward for Egypt, positioning the country as a prime destination for global tourists. With a combination of new investments, expanded infrastructure, and ongoing preservation efforts, Egypt is setting itself up for a prosperous future as one of the world’s most sought-after travel locations.In addition to promoting economic growth, this strategy emphasizes the importance of maintaining Egypt’s historical and cultural identity, which continues to be one of its greatest assets. By capitalizing on its ancient wonders and investing in modern tourism infrastructure, Egypt is poised to attract millions of visitors in the coming years, achieving its goal of becoming a leading global tourist destination.

This information will surprise you!

See also

• Read until the end to discover everything.
• Important information you need to know.
• Interesting facts and helpful tips.

Conclusion

Did you enjoy the news? Keep following us daily!