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3 LE billion value of investments in Egypt`s tourism sector

The value of investments in Egypt`s tourism sector hit as much as LE 3 billion over the 2004-2005 fiscal years,

The value of investments in Egypt`s tourism sector hit as much as LE 3 billion over the 2004-2005 fiscal years, said Minister of Planning Othman Mohammed Othman.



In press statements, he noted that the tourist movement to Egypt has seen marked increase during that period.



Egypt, he added, has started a massive promotion campaign in European and Arab countries together with other promising markets in Russia and Japan to attract more tourists into Egypt.



The number of tourists, who visited Egypt during that time, hit as many as 8.2 million compared to 7.5 million in the fiscal year 2003-2004 he pointed out.

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