Page 17 - TRIMBLE PR REPORT - December 2023

capabilities. These efforts, combined with recent

developments in various projects, have significantly

elevated Egypt’s standing as one of the preferred

destinations for investors, both regionally and globally.

With a strategic focus on its economic infrastructure

development and creating a conducive business

environment, Egypt is now positioned to capitalise on
the opportunities available in the global market and drive

its economy towards prosperity. In line with this, the

country has been establishing independent urban

centres, and industrial and economic zones, beyond its

existing cities and hubs. The strategic move has proven
to be a game changer for the country, as it not only

attracted more investments but also helped flourish the

tourism sector.

Considering the fact that tourism is a key source of
revenue for Egypt and an exceptional source of pride for

the country’s culture, the development of the tourism

industry beyond the traditional destinations is an

extremely effective way to attract diverse investments.

Egypt has long relied on tourism as a vital source of

revenue and it is an integral part of the country’s rich
cultural heritage. By venturing beyond the traditional

tourist spots, Egypt has successfully tapped into a wide

range of preferences, making it an incredibly effective

way to attract tourists from across the world.

Infrastructure Development led by Tourist Influx

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