Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.

During his recent meeting with Minister of Investment and International Cooperation Sahar Nasr, Saudi investor El Nemr says that his aim is to establish an integrated residential compound in the New Administrative Capital, cultivate oil plants on an area of 60,000 feddans in the Matrouh coastal city, and open more trade centres nationwide.

The Saudi investor also held a meeting with Port Said Governor Adel Ghadban and Board Director of Amer Group Mansour Amer. The meeting reviewed plans for developing the Port Said Corniche area and establishing Porto Said, an entertainment and investment hub encompassing 76,000 feddans.