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French tourist project in Sharm
Egypt-France, Business, 6/4/1999
Egyptian Minister of Tourism Mamdouh El-Beltagi witnessed this week the celebration of endorsing a participation contract between Egypt's Company For Hotels and the French Accor Company to manage and staff the tourist project affiliated to Egypt's Company for Hotels at Sharm.
The project's investments amount to 40 million pounds and it will create 100 jobs for Egyptian youths.
El-Beltagi said that the French Accor Company is one of the largest French Companies for management and employment owning 90 branch's spread all over Europe, providing a strong marketing opportunities in French and USA markets.
Furthermore, the minister hailed the quality and interest of the French managing companies, and the attention to tourism in Sinai after a role that was confined before into managing tourism projects in the "valley."
Previous Stories:
Egypt organizes first international tourism stock market in March 2000
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Italian deputy foreign minister is to Egypt tomorrow
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An agreement for the commercial cooperation between Egypt and Czech
(6/1/1999)
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