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Egypt plans to increase exports, attract 30 million tourists

The government aims to increase the growth rate of exports by more than 15 percent annually.
10.07.24 | Source: Egypt Independent

In a government statement before the House of Representatives on Monday, Egyptian Prime Minister Mostafa Madbouly affirmed the government’s continuing efforts to increase the competitiveness of Egyptian exports, and increase the number of tourists coming to the country.

The government aims to increase the growth rate of exports by more than 15 percent annually, he said, by stimulating commodity and petroleum exports and enhancing service exports.

Madbouly added that the government is closely watching the agricultural sector, which was one of the main sectors in the structural reforms program and has witnessed remarkable development in recent years.

The government aims to develop the agricultural sector and its industries through horizontal expansion and expanding the area of ​​new reclaimed lands in desert areas using groundwater resources and recycling agricultural wastewater, he explained.

The Prime Minister noted that his government will implement the contract farming system for agricultural crops, and work to improve strategic crops by developing new varieties with higher productivity, low water requirements, and endurance to climate change.

30 million tourists by 2028

Madbouly also assured that the government will continue its tireless efforts to attract 30 million tourists by 2028, through implementing multiple strategies aimed at strengthening the tourism sector and making it more competitive and sustainable.

These efforts include developing the tourism infrastructure, improving the quality of services provided to tourists, and expanding tourism offers to include a variety of cultural, recreational and environmental activities, he said.

According to the Prime Minister, the government is also working to promote Egypt as a global tourist destination through international marketing campaigns and effective participation in international tourism exhibitions.

Achieving this goal will contribute significantly to supporting the national economy, providing new job opportunities, and increasing national income, he noted.