CAIRO — Egyptians might soon no longer need to travel abroad to visit Disneyland, as the country inches toward the establishment of a Disneyland-style theme park in El-Alamein, northwest of Cairo.
Minister of Investment and International Cooperation Sahar Nasr, Minister of Local Development Abu Bakr El-Guindy and Executive Director of the General Authority for Investment & Free Zones Mona Zobaa attended the Feb. 1 signing ceremony for three investment contracts between Matrouh Gov. Alaa Abu Zeid and the managing director of Entertainment World in the Middle East and North Africa. The theme park, with a joint US-Saudi investment of $3.3 billion, will be built on 5,080 acres over 9-10 years. The first portion of the park will be completed and open to guests within two years.
