Swot Analysis Of The Foreign Direct Investment Climate Of Tourism Sector In Egypt

Document Type : Original Article

Authors

Faculty of Tourism and Hotels - Sadat City University - Menoufia

Abstract

Foreign Direct Investment (FDI) in tourism is increasingly recognized as an important factor in the economic development of countries. Egypt, like many countries, is striving to create a favorable and enabling climate to attract FDI in the tourism sector, but FDI is facing some challenges and concerns. The main objective of this paper is to overview the current situation of the FDI climate in Egypt. This overview was done through SWOT analysis depending on actual situations as well as empirical investigation with experts, decision makers in this field and number of foreign investors in order to evaluate their satisfaction with the FDI policies adopted in Egypt. The study concludes with appropriate suggestions on the policy implication for the purpose of attracting more FDI to the tourism sector.

Keywords