Gov’t Mulls New Tourism Project in Sharm El Sheikh’s Ras Jamila

Gov’t Mulls New Tourism Project in Sharm El Sheikh’s Ras Jamila

Minister of Civil Aviation Mohamed Manar has met with Minister of Public Enterprise Sector Hisham Tawfik to discuss ways to carry out a hospitality establishment in Sharm El-Sheikh’s Ras Jamila area, Invest-Gate reports.

During the meeting, means of joint cooperation were reviewed for project implementation in partnership between Al Montazah for Tourism and Investment and EMAC Aqaba Company, as highlighted in a recent ministerial statement.

Last year, the EMAC Aqaba-Al Montazah consortium had reportedly broken off a 2017 cooperation agreement that was signed for bidding in an auction to develop an 850,000-square-meter tourism project in South Sinai’s Ras Jamila.

 

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