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City Stars signs contract with French company Prism to manage pyramids’ sound, light

$50m investment costs for project; the opening will be with during the coming New Year
19.01.15 | Source: Daily News Egypt

City Stars company signed an alliance with the French company Prism to develop and manage pyramids’ sound and light, Investment Minister Ashraf Salman announced Sunday.

This contract entails $130m paid in taxes by the companies over the coming 20 years.

The government will be represented by the Holding Company for Tourism, Hotels, and Cinema (HOTAC) owned by the Ministry of Investment for the project.

Salman added that the Egypt Sound, Light, and Cinema Co offered a public tender to participate in developing and managing the sound and light show at the Pyramids. The bid was awarded to Prism, which submitted the best financial and technical offers for the project.