Establishment of a Five-Star Hotel in Luxor
Project Description
Construction of a five-star tourist hotel. The site, between Luxor Temple and Karnak Temple, overlooks the Nile Corniche and is adjacent to all tourist facilities and the city center.
Disposal method: Sale, rent, usufruct
Project Location:
Luxor, El Sabr Street
Lead Agency/ Project Promoter:
Luxor Governorate
General Authority of Investment and Free Zones
Contact
Luxor Governorate General Office, Luxor Governorate, Corniche El-Nile
Tel: +2 (095) 2368491 / +2(095) 2372188
Current Status/ Stage of Project:
Land available 11,900m²
Utilities available
Actions Required/ Implementation Arrangements/ Contract Type:
Land allocation method: Different contract types available
Remarks:
Incentives granted by the government: Facilitating government procedures for licensing, facilities and operating licenses.
No disputes.
Licenses required from the investor: In accordance with building codes and laws regulating tourism facilities.
Documents required from the investor: Commercial register, tax card, feasibility study, financial solvency of no less than 30% of the total project feasibility study.
Requirements and controls governing the opportunity: In accordance with laws regulating investment; contracting law.
Approved urban plan location: Nile Corniche, Luxor.
The proposed activity is consistent with the use specified in the detailed and approved strategic plans.
For more information: https://www.investinegypt.gov.eg/English/Pages/exploreMap.aspx?oppId=24778
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Country
Egypt
Location (s)
Luxor
Sector
Tourism
Sub Sector
Hospitality
Investment Value Range
Not Available
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