A consortium made up of unnamed US and Saudi companies is apparently investing USD 3 bn in an amusement park complex in Matrouh, Governor Alaa Abu Zeid announced in a press conference on Sunday,according to AMAY. Despite the size and scope of the project, Abu Zaid made no mention of what the project entails and who might be investing in it, leading us to take it with a grain of salt. The alleged US-Saudi project could be part of the West Egypt Development Project that was opened up to investors back in August which included plans for an amusement park complex. Other projects announced as part of the West Egypt development plan include an investment zone, a resort complex in addition to urban development projects.

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