EGP 1.6bn directed to tourism promotion, aviation stimulus in FY 2021/22

Minister of Tourism and Antiquities Ahmed Issa said that his ministry spent about EGP 1.6bn on tourism promotion and aviation stimulation programmes during fiscal year (FY) 2021/22.

The Minister added that spending on aviation stimulus amounted to EGP 850m during FY 2021/22, and EGP 800m for promoting Egyptian tourist destinations. 

Issa added during the first press conference with the journalists since his appointment  that the expenses of the external offices of the ETBP have been reduced from $25m to $5m, in addition to reducing their number from 17 to 6 offices only that supervise the tourist markets exporting incoming traffic to Egypt.

Issa explained that the ministry plays the role of regulator over 8,000 licensed tourism facilities in Egypt that is represented by 1,200 hotels, 2,200 tourism companies, in addition to 1,400 restaurants, 2,200 bazaars, and 480 diving and marine activities centers.