Thursday 21 Nov

Real estate

Hisham Talaat Moustafa calls for national council to boost tourism


Hisham Talaat Moustafa calls for national council to boost tourism

Prime Minister Dr. Moustafa Madbouly chaired a meeting today Monday to follow up on efforts to enhance the tourism sector and develop its various aspects. The meeting was attended by Sherif Fathy, Minister of Tourism and Antiquities, Amany El-Metwally, the Permanent Undersecretary of the Ministry of Civil Aviation, and a group of businessmen and investors in the tourism sector, including Hisham Talaat Moustafa, Engineer Nader Ali, and Basil Sami Saad.

At the outset of the meeting, the Prime Minister underscored the paramount importance accorded to the tourism sector by various government agencies and bodies. He highlighted its potential as a promising sector capable of significantly contributing to the Egyptian economy's goals. In this context, he referenced ongoing state initiatives aimed at bolstering this vital sector, with the ambitious target of attracting 30 million tourists annually.

He affirmed that today's meeting aligns with the government's ongoing efforts to engage with major investors and private sector representatives in key sectors. These regular consultations and coordination sessions are designed to facilitate structural reforms and drive sector development. He reiterated the tourism sector's prominence as a focus area for state support, development, and reform initiatives. The meeting's primary objective is to explore strategies for enhancing Egyptian tourism and attracting a greater number of visitors to diverse tourist destinations.

During the meeting, Hisham Talaat Moustafa referred to Egypt's promising tourism resources, which position the country to achieve the ambitious goal of attracting 30 million tourists annually. He proposed the establishment of a National Council for Tourism Development, empowered to make binding decisions for all stakeholders. Additionally, he advocated for engaging an international consultant to develop a comprehensive vision for the sector's growth.

Talaat affirmed that the tourism sector is currently witnessing an increase in hotel-room occupancy rates, calling for the need of a strategic plan to increase the number of hotel rooms by approximately 500,000 rooms over the next decade. He further suggested linking government support to investors to the amount of foreign currency they bring into the Egyptian economy.

He also underscored the importance of maximizing tourist spending by elevating the quality of hotel rooms and services provided to tourists. Hisham Talaat pointed to several indicators suggesting the potential to achieve this goal, in light of the current spending rates, especially in the northwest coast. He called for the need to work on quickly reducing and shortening the time required to complete the procedures related to visiting tourists at Egyptian airports.

Furthermore, he advocated for a dedicated marketing company to promote Egyptian tourism, leveraging the country's unique tourist destinations and product.

Engineer Nader Ali underscored the significance of bolstering the civil aviation sector. He cited several countries that had expanded their flight seat capacity to meet rising tourist demand. To achieve a breakthrough in this sector, he advocated for a strong public-private partnership, focusing on airport development and route expansion.

Ali also stressed the need to increase hotel room capacity and provide incentives to tourism investors to develop new hotels and tourist destinations. He proposed highlighting Siwa Oasis as a promising tourist destination and actively seeking investors to maximize its potential.

Furthermore, he emphasized the importance of supporting tourism workers by providing decent accommodations and training programs. By allocating land for worker housing, the government can empower investors to create better working conditions for the sector's workforce.

Bassel Sami Saad noted that the average tourist expenditure of approximately $900 per night aligns with international standards, but there's potential for further growth. He highlighted the increasing demand for airline seats, which underscores the urgent need to expand the civil aviation sector, including airports and airlines.

To accelerate this development, Saad advocated for strong public-private partnerships in both airport development and the national airline. He also emphasized the importance of reviewing government support for tourism investors, including banking initiatives and streamlining investment procedures. By addressing these factors, Egypt can attract more tourists and maximize the sector's potential.

Minister of Tourism Sherif Fathi expressed agreement with the proposals presented by business leaders and tourism investors. He emphasized Egypt's potential to attract over 30 million tourists annually, highlighting ongoing efforts to develop and support the tourism sector in collaboration with various stakeholders.

To attract more investment, he advocated for creating a comprehensive investment opportunity bank for the tourism sector. Additionally, he stressed the importance of offering more incentives and facilitating procedures for investors. The Minister also emphasized the significance of robust tourism marketing and targeting new markets to capitalize on Egypt's diverse tourism resources.

During the meeting, the Minister reviewed the ministry's efforts to develop various tourist destinations, including those associated with the Holy Family route, Nile tourism, and Siwa Oasis. He underscored the importance of diversifying tourism offerings and implementing a targeted marketing strategy to attract more tourists. The Minister also highlighted the need to secure adequate airline services to connect with target markets.

Fathi highlighted the incentives offered to airlines to boost tourism in Egypt. He emphasized the crucial role of the private sector in marketing the country's resources and attractions to attract more visitors. He also mentioned ongoing efforts to develop supportive policies and procedures to increase hotel room capacity.

The Minister added, "We are committed to enhancing the tourist experience in Egypt. This includes streamlining arrival procedures at airports, improving the overall visitor journey, and addressing other factors that contribute to a positive travel experience."

The Prime Minister reiterated President Abdel Fattah El-Sisi's directives to activate the ministerial committee overseeing the tourism sector. He emphasized the importance of including private sector experts in the committee and maximizing dollar revenue from tourism.

Dr. Moustafa Madbouly also highlighted the government's interest in partnering with the private sector to manage Egyptian airports. This initiative aims to accommodate growing demand and modernize airport infrastructure. The Prime Minister encouraged private sector entities to submit proposals for partnerships in civil aviation and airline development.

He urged business leaders to submit proposals for investments in expanding hotel capacity. Hisham Talaat suggested offering land in exchange for a share of room revenue.

Dr. Madbouly emphasized that the Ministry of Tourism would be the sole authority for granting licenses to investors. A "golden license" system will be implemented for tourism projects. Attendees were requested to submit detailed proposals within two weeks, which will be discussed in a subsequent meeting.