2025-09-16 10:00
publication
2025-09-16 10:00
To the south of the popular Hurghada in Egypt, a luxurious town with twelve superluxian hotels, floating accommodation cabins inspired by Maldives, a 400-meter beach, artificial lagoon, 500 shops and dozens of restaurants are being built.
To the south of the popular Hurghada in Egypt, a luxurious resort with twelve ultra-large hotels, floating accommodation cabins inspired by Maldives, a 400-meter beach, artificial lagoon, 500 shops and dozens of restaurants are created. The government informed on its official website that the cost of the project, which is to attract wealthy tourists, will amount to EUR 16 billion.
Over ten square kilometers of the coast, which will be dealt with by a company from the United Arab Emirates.
At the end of last week, the Prime Minister of Egypt, Mostafa Madbouly, assured, while signing the contract with the Emiracka company, that in the construction of this “giant project” work from 150,000 will find work. up to 170 thousand people. However, after its completion, the guests and maintenance of the resort will permanently deal with 25,000. people.
The government in Cairo estimated the annual benefits of this investment for the Egyptian economy at EUR 85-170 million. It is also to strengthen the role of the airport in Hurghada and the Safaga port and bring additional income to local farmers and transport companies.
The project is part of the Egyptian strategy, which aims to attract 30 million tourists a year until 2028 (PAP)
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