Madbouly instructs making list of priority development projects in Sharm El-Sheikh

Madbouly instructs making list of priority development projects in Sharm El-Sheikh

Madbouly instructs making list of priority development projects in Sharm El-Sheikh

Prime Minister Mostafa Madbouly has instructed making a list of development projects that the state can implement in the South Sinai's tourist resort of Sharm El-Sheikh.

During a virtual meeting with government agencies on Wednesday, he also asked that the list reflect projects that will be most appropriately implemented through the private sector so they can be launched quickly.

Madbouly further instructed for a list of discontinued tourism projects that need additional funding. These will be included in the city's development plans, and will take advantage of financing initiatives provided by the Central Bank of Egypt (CBE).

South Sinai Governor Khaled Fouda said that Sharm El-Sheikh remains highly attractive to international tourists, as it has become one of the top four most beautiful cities in the world.

"We are currently working on completing plans to implement priority projects in the city as part of its development vision, which is to transform Sharm El-Sheikh into a global leisure and entertainment centre,“ Fouda said.

He added, "The most important projects include the possibility to exploit the city's sea port and the surrounding area to establish a global centre for business which will diversity tourism and