Egypt is positioning Al Galala City as a major private investment hub, unveiling nine flagship projects aimed at attracting domestic and international investors, the country's investment agency said Sunday. Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), toured the city with senior officials from the Armed Forces Land Projects Agency (AFLPA) to finalise a promotional plan targeting key markets in the Gulf and East Asia. Spanning 17,150 feddans from sea level to 800 metres, Al Galala City offers mountain terrain, panoramic Red Sea views, and a temperate climate year-round. The government has already completed high-quality infrastructure, including roads, electricity and water networks, sewage systems, a hospital, a university, and staff housing, creating a ready platform for private-sector development, according to a GAFI statement. The nine investment opportunities listed on Egypt's Investment Map include a yacht marina, coastal hotel, water amusement park, Al Galala Hospital, luxury residential district, downtown avenue and main service corridor, two resorts, the Al Galala Mountain Hotel, the Royal Compound, and Al Galala Heights Resort. Options for investors include public-private partnerships, ownership, management, and usufruct arrangements. "The state has laid the groundwork; now the private sector's role is crucial to drive development and ensure sustainable growth," Heiba said. The planned Red Sea marina will accommodate up to 600 yachts and boats, complemented by hotel capacity and commercial centers to support tourism, economic activity, and year-round city residency. Heiba emphasised that Galala's strategic location and natural environment make it a hotspot for recreational, eco-tourism, medical, and conference tourism alike. Attribution: Amwal Al Ghad English
