Egypt Targets 30M Tourists Annually by 2031 in New Investment Strategy

The Egyptian government has launched a new investment strategy targeting 30 million tourists per year by 2031. The plan was reviewed during a recent cabinet meeting chaired by Prime Minister Mostafa Madbouly, where sector-specific goals for tourism and antiquities were discussed.

The strategy centres on increasing foreign direct investment by identifying clear opportunities within the tourism sector. The Ministry of Tourism and Antiquities will lead efforts to monitor and compile data on available projects through a centralised “investment opportunities bank.”
Expanding hotel capacity is a key component of the plan. In 2024 alone, 7,200 new hotel rooms were added across the country—more than half of which were newly constructed. By the end of 2025, the ministry expects to add another 19,000 rooms.

The strategy also allocates funding for the development of tourist-focused amenities such as restaurants, cafés, and heritage sites. Over the past five years, the Supreme Council of Antiquities has completed an average of 36 restoration projects annually, and further investments will support similar initiatives.

From 2025 through 2031, new investment areas will include theme parks, desert safari experiences, hotel infrastructure upgrades, and the adaptive reuse of archaeological sites through public-private partnerships.
The Ministry of Investment and Foreign Trade will incorporate these tourism projects into Egypt’s national investment map, providing supporting data to help guide potential investors.