FULL-FLEDGED PRE-FEASIBILITY ANALYSIS
|Tourists preferring eco and nature tourism in natural protectorate, beaches and other nature destinations.
|This includes various possible projects focusing on Eco-lodges, Camps, and Restaurants/Cafes in national protected areas. A sample case is Abu Galum Blue Hole protectorate where a plan to establish an eco-lodge is designed.
Serving a rapidly growing market. The Eco-lodge provides faster payback than all other forms of tourism and consumes 75% less of resources than mass tourism.
|If only 1 million visitors participate in ecotourism activities in Egypt, they will generate approx. USD 5.2 billion/year of businesses with a 1.6% predicted growth in GDP
|60 million EGP
|18 million EGP
|Typical payback of Ecolodges versus other types of tourism
|CAPEX EGP 30 – 45 million/project --> Payback 2 years
|EGP 9 million/project --> Payback 2-3 years
|EGP 5 million/project --> Payback 3-4 years
|Total possible investments of 990 million EGP
|The opportunity is not feasible unless there is a gate fee of at least 30 EGP per ton, local authorities enforce generators to dispose CDW in designated recycling area and develop a monitoring frame to ensure implementation. Gate fees can be financed from generators of construction waste following the spirit of the waste management law of 2021
|Eco-tourism produces more revenues and better payback than other forms of tourism. It also produces less waste, emissions and uses less energy than other forms of tourism per tourist. At least 75% reduction takes place as shown below.
|Waste generation comparison kg/tourism/day
|Energy consumption per tourist per day in kWh
|Create local jobs and business opportunities for neighboring communities.