23 February 2013

Egypt: A Committee to Settle Investment Problems in South Sinai

Minister of Tourism Hisham Zazou told "Akhbar El Youm" newspaper on Saturday 23/02/2013 that Prime Minister Dr. Hisham Qandil decided to form a committee to discuss the problems of tourism investment in Sinai.

The committee is grouping the ministers of defense and tourism, representatives of the Tourism Development Authority and Sinai Development Authority, businessmen and legal experts.

The Minister noted that PM Qandil will hold a meeting to announce the proposed solutions to settle the problems faced by investors affected by this decision in a legal way in order to reassure foreign investors to establish new tourism projects.

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