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WORLD BANK(WB) has floated a tender for Egypt Tourism Sector - Assessment of Private Sector Opportunities. The project location is Egypt and the tender is closing on 25 Aug 2025. The tender notice number is 0002017523, while the TOT Ref Number is 124340947. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country: Egypt
Summary: Egypt Tourism Sector - Assessment of Private Sector Opportunities
Deadline: 25 Aug 2025
Other Information
Notice Type: Tender
TOT Ref.No.: 124340947
Document Ref. No.: 0002017523
Financier: World Bank (WB)
Purchaser Ownership: Public
Tender Value: Refer Document
Purchaser's Detail
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Login to see detailsTender Details
Background:IFC- a member of the World Bank Group — is the largest global developmentinstitution focused on the private sector in emerging markets. Tourism and tourism-related investment is a corporatepriority for IFC and the institution aims to double its annual volume oftourism investment in 2026. IFC has a long history of investing in hotels witha current portfolio of approximately $1bn globally. Investment in hotels andtourism projects is done through IFC-s department of Tourism, Retail andProperty under the Manufacturing, Agribusiness and Services division.Globally, IFC has a strategic focus on larger-scale investment opportunities. IFC is primarily interested in providing debt financeto experienced investors (‘sponsors-) with medium-to-large hotel projects and aminimum project size of $20m. The focus is on hotels, resorts andtourism-related real estate within major hubs or secondary destinations.Sponsors need a strong track record with existing operational assets. IFC isalso increasingly interested in aggregators, platforms and models that crowd ina range of investors as well as a range of relevant projects. IFC has investedin many Real Estate Investments Trusts (REITs), asset management platforms aswell as smaller funds such as the Africa Conservation and Communities TourismFund.Egypthas been identified as a country with strong tourism potential and IFC isinterested to explore entry points for investment and advisory services. IFC has already invested in a number of tourismprojects in the country, including a recent sustainability linked loan toOrascom Development Egypt (ODE), to support green improvements and growthopportunities for the developer in El Gouna, a popular coastal town on the RedSea. IFC has recently completed a market study of the Egyptian tourism sectorand is now looking to further understand the investor landscape and viableopportunities.Objective:Theobjective of this assignment is to map out the key investors and brands ofrelevance to IFC in E...
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Procurement Documents for Egypt
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