Egypt Eyes $12 bln in Tourism Earnings by 2011
Apr 29th, 2008 by Ted Liptak
Egypt hopes to boost its tourism earnings by 26 percent to $12 billion by 2011, the official MENA agency reported on Saturday.
The minister said Egypt wants to attract private investors to fund the ambitious plan which also includes developing eco-tourism and medical tourism, limiting the government’s role to supervision and planning.
According to a plan launched by Tourism Minister Zuheir Garana, Egypt hopes to welcome some 14 million tourists in 2011, requiring a capacity of 240,000 hotel rooms, compared with 11 million in 2007, MENA reported.
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