Egypt’s tourism industry is about to get a major shot in the arm thanks to a recently signed agreement with the United Arab Emirates’ AD Ports Group. This exciting partnership will see AD Ports Group invest $4.7 million over the next 15 years to develop and manage cruise terminals in three of Egypt’s most popular Red Sea destinations: Safaga, Hurghada, and Sharm El Sheikh.
This investment is a game-changer for Egyptian tourism. By 2025, cruise lines can expect upgraded facilities and improved services at these terminals, making them even more attractive for tourists. This, in turn, will lead to the creation of exciting new itineraries, bringing more visitors and boosting the local economy.
The agreement is a key piece of the puzzle in Egypt’s ambitious plan to revitalize its entire transportation sector, with a particular focus on its crucial cruise ship tourism industry. The government has set a bold target: to welcome a staggering 7.5 million cruise passengers annually across all its terminals. This influx of tourists is expected to generate significant revenue, not just through fees from the cruise lines themselves, but also through indirect spending by tourists exploring the historical and cultural treasures of Egypt.
But AD Ports Group isn’t stopping there! They’re also undertaking another project in Egypt – the development of a multi-purpose terminal at Sokhna Port on the Suez Canal. This strategic initiative will cater to both cruise ships and Ro-Ro vessels, which are specially designed to efficiently transport vehicles across short sea routes. This project highlights AD Ports Group’s commitment to expanding its presence in Egypt and fostering a strong, mutually beneficial partnership between the two nations.
This agreement is more than just a business deal; it’s a collaborative effort to solidify Egypt’s position as a premier cruise ship destination. By offering world-class facilities, improved accessibility, and a wider range of itineraries, AD Ports Group’s investment paves the way for a brighter future for Egyptian tourism and economic growth. So, get ready to set sail for an unforgettable Egyptian adventure – the Red Sea awaits!
