The Tourism Development Authority has revised the bank of land it will allocate forinvestment opportunities in the industry, according to Al Borsa. The total number of land plots allocated has dropped to 115 from 135, taking about 30 mn sqm out of potential circulation. The new allocations have been sent to the Ministry of Investment for review as the latter prepares its Egyptian investment map. The TDA will reportedly price land plots in EGP “to make them more attractive for investment,” the newspaper says.
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