Islamic investment will not replace Egypt's beach resorts: Zaazou
- Egypt: Thursday, September 20 - 2012 at 10:59
Egypt's tourism minister, Hisham Zaazou has said that any Islamic investment in the sector would complement but not replace resorts that are part of an industry vital to the country, Reuters has reported. "Everybody is aware that beach tourism constitutes 70% of the traffic coming to Egypt. It will continue to do so," Zaazou told the news service. "If there is investment in special kinds of beach tourism for, let's say, Arab investors or Islamic investors as mentioned before, we are welcoming that on top, not in replacement of the current beach tourism," he added.
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