Governor of South Sinai Khaled Mubarak said resolving the issues facing investors in all sectors, especially the tourism industry, is on top of his priorities, given the critical importance of promoting the tourism sector that offers thousands of direct and indirect job opportunities.
The governor made the remarks during a meeting on Friday 17/1/2025 with members of the Investors Association in Sharm El Sheikh to listen to their views and proposals for overcoming the challenges they encounter in the governorate.
During several meetings with representatives of the tourism industry over the past six months, we have identified most of the challenges, and several proposals were put forward to deal with them in a prompt manner to ensure a rapid growth of tourism investments, the governor said, according to a press release by the governorate’s media center.
He added he had already contacted the ministries and authorities concerned to provide effective solutions to some of these challenges, and they are working on resolving them and ironing out any potential obstacles.
It has been agreed during the meeting to form a joint committee, including members of the Investors Association, as well as the financial legal advisor to the governorate, to identify the main points that represent an action roadmap period ahead, within a maximum period of 15 days.
Meanwhile, the investors thanked President Abdel Fattah al-Sisi for the great attention he pays to this strategic sector, commending also the State’s efforts to overcome any sectoral challenges or obstacles.
The meeting was held as part of the governor’s efforts for achieving higher development rates in the governorate and luring more investments to increase tourist arrivals.
