Madbouly highlighted the signing of an investment partnership contract between the Ministry of Housing and its New Urban Communities Authority, and Qatar's Diar company. The agreement aims to develop land in the Alam El Roum area of the North West Coast, Matrouh governorate.
Madbouly stated that this collaboration would create an
integrated urban development project on a global level, establishing the area as
a regional hub for tourism, residential, commercial, and other service
activities, and transforming Alam El Roum into a coastal tourism and investment
zone.
The Prime Minister thanked all contributors to the
partnership, stressing the government's commitment to taking necessary measures
to attract more direct foreign investment, noting that such projects ensure
comprehensive development.
In a related context, Madbouly mentioned his participation
in the Egyptian-Gulf Trade and Investment Forum Monday, emphasizing the forum's
goal of strengthening fraternal ties between Egypt and Gulf Cooperation Council
countries and showcasing mutual investment opportunities in Egypt.
Separately, Madbouly praised the high turnout of Egyptian
and foreign visitors at the Grand Egyptian Museum (GEM) and the Pyramids area,
attributing it to successful promotional efforts and the recent opening
ceremony of the cultural landmark. He predicted a qualitative leap in incoming
tourism numbers in the coming period.
Madbouly also affirmed the government's commitment to securing all visitors to these sites. He noted directives issued to the Minister of Local Development and the Giza Governor to maintain cleanliness, development, and landscaping efforts in the areas surrounding the museum and the Pyramids to reflect the region's civilized image and enhance the tourist experience. He added that similar instructions were given to all governors to focus on developing and beautifying main roads and thoroughfares, calling them the face of every governorate.