Investment in The Tourism Goods and Antiquities Sector and Its Return on The Egyptian Economy

Document Type : Original Article

Authors

Mansoura. Mansoura University, Faculty of Tourism and Hotels

Abstract

The research aims to identify the return of investment in the commodities and antiquities sector on the Egyptian economy, by revealing the areas and incentives for investment in the Goods and tourism antiquities sector, and the role of the Chamber of Goods and Tourist Antiquities in supporting tourism investment, and the questionnaire tool was used in applying the research on a sample of 152 individuals working in the Goods and antiquities sector in Sharm El-Sheikh. The study reached a number of results, the most important of which is that investment in the goods and antiquities sector affects raising the rates of the economy, through a number of factors, including the increase in hard currency, the increase in job opportunities, the increase in the value of benefiting from taxes, and the consequences of importing goods and antiquities from abroad were cash leakage. For hard currency, not showing the identity of Egypt in a good way, and threatening the owners of workshops and local crafts, The study recommended the need to encourage investors wishing to establish shops for goods and antiquities by providing incentives such as tax exemption for a certain period, providing periodic data on workers, providing support in times of crisis, and controlling the quality of goods and antiques provided to tourists through the Chamber of Commodities and Antiquities, which reflects a good image of tourism in Egypt. It leaves a positive impact on the tourist, and the establishment of a company affiliated with the Chamber of goods and Antiquities specializes in purchasing handmade goods and antiques produced by workshops throughout the Republic.

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