Investment Brief
Starting in January 1st, 2005, the city of Luxor has embarked on a major renovation project aimed at developing the city to become the first and largest open air museum in the world. The fact that the city of Luxor is home to one third of the world’s archeological treasures was certainly the propelling factor in getting the necessary funds to proceed on such an ambition project.

Thanks to the various studies and collaborations between diverse entities such as the UNDP, the Ministry of Culture, the Ministry of Tourism and the Center for Information a detailed plan was laid out to encompass all areas of developing the city of Luxor, not only in the area of tourism , but also the underlying infrastructure and transportation system.

Investments to date:

1- Preservation of archeological sites and transforming Luxor into an international open air museum

  • Removing the unplanned structures around the Karnak Temple, thereby clearing the area so that the view is unobstructed from the Karnak Temple to the West bank.
  • Relocating the residents of El Qurna village that was built on top of the tombs in the West Bank to the new city of El Taref
  • Reducing the level of ground water underneath Luxor and Karnak temples
  • Development of Karnak Temple Square
  • Development of Luxor Temple Square
  • Developing the area around Memnon Statues
  • Reopening of the Avenue of the Sphynx
  • Lighting the West Bank

2- Implementation of several urban projects

  • Upgrading the train station
  • Developing the main Station Road that leads into the city from the train station
  • Development of the tourist shopping area as well as the side streets
  • Beautifying the city by choosing one color for the buildings, and standardizing the lamp posts, telephone booths, etc

3-Infrastructure and highway projects

  • Constructing the two-way highway from the airport to the city
  • Constructing the new highway to Luxor, thereby linking Luxor to cities such as Hurghada, Safaga, Mersa Alam
  • Construction of new tourist routes such as the expansion of the Corniche 2.3 km north of Karnak
  • Building the highway between the Valley of the Kings and El Taref in the West Bank
  • Constructing the Abul Goud Bridge
  • Constructing the Luxor –Aswan overpass
  • Creating the new tourist route around the Karnak Temple
  • Developing the infrastructure of the unplanned communities and providing them with essential services Upgrading the ferry service to the West Bank

4-Health, education and commercial projects

  • Development of El Qurna Hospital
  • Development of 19 health units in cooperation with the Ministry of health
  • Development of the existing bazaars and commercial districts , in central Luxor and the West Bank
  • Implementation of the electronic government
  • Establishment of a new Tele-Communications Building
  • Establishment of a new factory for bottled gas
  • Establishment of a terminal for the mini bus
  • Constructing a new sports arena as well as a covered sports facility
  • Establishment of a forest for recreational purposes

5-Touristic and cultural projects

  • Establishing the Mubarak Main Library
  • Establishing the Mubarak Heritage Center
  • Establishing the Suzanne Mubarak Center for Women
  • Establishing the Nubian Cultural center in a prime location on the tourist path
  • Establishing the Rowing Club
  • Building the International Youth hostel

All of the above projects have been implemented over a three year period between 1/1/2005 and 1/1/2008 at a total cost of one billion and 200 million Egyptian pounds, to lay the groundwork for opening the door for investing in Luxor.

 
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