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Country-Plan Projects and Tenders |
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8287 Subject |
500 مليون دولار استثمارات سعودية في مجال السياحة العلاجية في مصر A group of Saudi investors announcing plans to invest up to $ 500 million in several medical curing tourist complexes spread countrywide. |
| Date Published | Wednesday, April 06, 2005 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
Following a meeting with Egypt Minister of Tourism, Mr. Ahmed Al Maghrabi, a group of Saudi investors, members of the Egyptian Saudi bilateral committee, expressed initial interest to invest up to $ 500 million in several medical curing tourist complexes in Egypt spread country wide over the next 5 years. According to Mr. Abdel Mohsen Al Hakim, leading the group, complexes would be located in Hurghada, Sharm El Sheikh & Marsa Alam. |
| Sectors Section |
Beneficiary Sectors - Construction Projects Hotels & Tourist Development |
