Deputy Minister of Tourism and Antiquities Ghada Shalaby said that tourism revenues in Egypt exceeded $13bn during 2021, returning to pre-pandemic levels, reported Reuters.
Tourism revenues stood at about $4bn in 2020, down by 70% from 2019’s $13.03bn, amid the coronavirus pandemic that hit the sector hard.
The deputy minister expected that the current year will exceed 2021’s revenues thanks to a strong national strategy that includes giant projects implemented by the state targeting the growth of the tourism sector.
“In 2022, we will have the opening of the Grand Egyptian Museum, the Great Transfiguration Project in Sinai, the Galala Resort on the Red Sea shore, and the expansion of hotels in the city of Alamein, resulting in new tourism products that raise Egypt’s tourism competitiveness,” she said.
Notably, tourism contributes up to 15% of Egypt’s economic output and is a major source of foreign currency.
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