Egypt explores opportunities to boost environmental investment in natural reserves

Manal Awad, Minister of Local Development and Acting Minister of Environment, held a meeting with an investor to explore opportunities for enhancing environmental investment within Egypt’s natural reserves. Awad stated that the state prioritizes environmental investment, viewing it as a promising avenue for developing reserve resources and advancing the green economy. She emphasized strict controls to protect ecosystems.

In the meeting, Awad highlighted the role of environmental investment in supporting eco-tourism, which is experiencing growing demand both domestically and internationally. She explained that any investment activity within natural reserves must adhere to strict controls to preserve ecosystems and protect natural resources from negative pressures. The ministry adopts an integrated approach that balances economic development with environmental conservation, designing projects according to the unique characteristics of each reserve and using materials and architectural concepts that harmonize with the surrounding environment.

Awad stressed that proposed projects should reflect the environmental identity and cultural heritage of each reserve, while enhancing the visitor experience without compromising natural resources. She noted that Egypt’s natural reserves possess unique features that position them as distinctive destinations for global eco-tourism. She also underlined the importance of submitting comprehensive technical and environmental studies for any proposed project, including environmental impact assessments, sustainable management plans, and measures to mitigate potential effects on natural resources.

These studies are reviewed by specialists from the Nature Conservation Sector and relevant technical bodies within the ministry before approvals are granted, ensuring full compliance with environmental standards and regulations governing investment in natural reserves. Awad added that the state welcomes partnerships with the private sector in eco-tourism and environmental projects, provided there is strict adherence to environmental requirements. The Ministry of Environment is currently working to upgrade environmental infrastructure within natural reserves, improve visitor services, and introduce a modern system for managing tourism activities, in cooperation with private investors and the business community. This approach aims to achieve a sustainable balance between development and conservation, strengthening Egypt’s position as a regional leader in the management and protection of natural reserves.

Relaterede artikler

Egypt's Minister of Local Development and Acting Minister of Environment, Manal Awad, held extensive talks on Tuesday with representatives of the Tahya Misr Fund to explore opportunities for expanding investment in eco-tourism across the country's natural reserves.

Rapporteret af AI

Prime Minister Mostafa Madbouly chaired a meeting on Sunday at the government headquarters in the New Administrative Capital to review the progress of ongoing energy projects and discuss initiatives to attract further investments into the sector. He reaffirmed the state’s strong focus on the energy sector, emphasising the government’s efforts to create an investment-friendly environment capable of drawing local and foreign capital. The discussions highlighted renewable energy expansion as a strategic priority for sustainable development.

Mohamed El-Shimy, Minister of the Public Enterprises Sector, met with Osama Al-Azhari, Minister of Awqaf, and a delegation at the ministry's headquarters in Egypt's New Administrative Capital to strengthen cooperation and maximize the use of state-owned assets. The discussions align with national efforts to generate economic and developmental returns from public assets, in line with Egypt's Vision 2030.

Rapporteret af AI

Mohamed El-Shimy, Minister of the Public Enterprises Sector, stated that Egypt is steadily advancing toward a strong, competitive, and sustainable economy based on industry, production, exports, and investment, with youth at the core of the development process as a cornerstone of the 'New Republic'.

 

 

 

Dette websted bruger cookies

Vi bruger cookies til analyse for at forbedre vores side. Læs vores privatlivspolitik for mere information.
Afvis