Matrouh the Future of Investment” Economic Conference

24 – 25 October, 2015

Under auspices of President Abdel Fattah al-Sisi,the first Egyptian International Economic Conference “Matrouh the Future of Investment” was launched on 24 October in the northwestern province of Marsa Matrouh.

Marsa Matrouh Governor Alaa Abu-Zeid said that touristic, industrial and agricultural projects with an expected investment volume reaching nearly EGP 200 billion will be offered during the conference.

He added that the governorate has many natural resources and industrial potentials needed for the establishment of many giant industrial projects.

Steps taken by the governorate for marketing and promoting investment opportunities internally and externally over six months have achieved investments amounting to about $ 12billion, the governor said.

The governor noted that deals for implementing 21 tourist projects worth 14 billion dollars would be activated during the conference. He explained that deals for carrying out 11 tourist projects worth 18 billion pounds have been signed.

Abu Zeid said the conference would witness the activation of deals worth 12 billion dollars and have been initially signed during his four-day tour of the UAE.

Why Matrouh?

Matrouh resort-city has been chosen for the second major economic conference after that which took place in Sharm al-Sheikh in March 2015 for numerous reasons:

 The Matrouh Governorate has been graced with diverse investment opportunities in the fields of coast tourism, agriculture and agro-industry and mining.

 The Governorate has achieved $12 billion in investments.