Assessing Investment in Sport Facilities in Egypt and its Impact on Sports Tourism: Obstacles and Requirements

Document Type : Original Article

Authors

1 tourism studies, faculty of tourism and hotels, Minia university

2 Alexandria University

3 Tourism Studies Dep, Faculty of Tourism & Hotels, Minia University

Abstract

Investment as a global pattern at the present time is considered a complex industry and contains within it many other industries other than the sport itself, there are many different investment fields in the Arab Republic of Egypt. Whereas the state’s goal of opening the field of investment to investors is to achieve economic and social development within the framework of the state’s general policy and within the limits of its national plan.  This research aims to study sports investment obstacles and requirements in Egypt and examine the impact of sports investment on sports tourism in Egypt. The study analyzed the secondary data related to sports and tourism investment and primary data based on interviews. The study administered interviews that were held with the key officials at the Egyptian Ministry of youth and sports, the Egyptian ministry of tourism (MOT), and several directors of sports and tourism authorities. The results of the study show obstacles to sports investment in Egypt such as a lack of sufficient trained personnel, and there is no professional system to promote sports tourism programs, activities, events, and sports facilities in Egypt, moreover, the requirements for Egypt to be able to host international sports tournaments and competitions such as the Olympics, the World Cup for clubs and teams, and others- represented in Developing the infrastructure and establishing more gyms, gymnasiums, and stadiums and marketing them globally, from the most important results that were also reached amending the legislation and laws related to sports investment, as well as Developing a professional system to promote sports tourism programs and various sports activities.

Keywords