Hisham Talaat Moustafa Seeks Tourism Reforms, Targets 30 Million Annual Visitors For Egypt

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hisham talaat moustafa seeks tourism reforms targets 30 million annual visitors for egypt
Key Points
  • Hisham Talaat Moustafa calls for a national tourism council to streamline decision-making and drive sector growth.
  • Moustafa projects Egypt could attract 30 million annual visitors and expand hotel capacity by 500,000 rooms.
  • Talaat Moustafa Group reports 9.4 billion in sales, reinforcing Moustafa's vision for Egypts economic transformation.

Hisham Talaat Moustafa, CEO of Talaat Moustafa Group TMG, has proposed the establishment of a national council for tourism development to unify and streamline decision-making across Egypts tourism sector.

The proposal, announced during a meeting with Prime Minister Mostafa Madbouly and investors, aims to accelerate growth and resolve structural challenges hindering the industry.

Moustafa outlined a vision to attract 30 million annual visitors to Egypt, leveraging the countrys rich cultural heritage and untapped potential.

Central to his strategy is a 10-year plan to add 500,000 hotel rooms, linked to foreign currency inflows, and the engagement of an international consultant to craft a long-term development blueprint.

Expanding tourism infrastructure and enhancing visitor experience

Moustafa emphasized boosting tourist spending by enhancing accommodations, streamlining airport procedures, and launching targeted promotional campaigns.