Egypt’s Grand Museum Hailed as Landmark for Tourism, Investment, Says Finance Minister

Egypt’s Finance Minister Ahmed Kojak has described the Grand Egyptian Museum (GEM) as an “exceptional model for tourism and investment promotion”, emphasizing that the historic project reflects a new chapter in Egypt’s global presence under the leadership of President Abdel Fattah El-Sisi.

Speaking on the sidelines of the museum’s inauguration, Kojak said the project represents a cultural and economic milestone, being the largest museum in the world dedicated to a single civilization. “Egypt is writing a new history for itself and for humanity,” he said, adding that the museum will serve as a gateway for sustainable economic growth driven by cultural heritage.

According to the minister, the Grand Egyptian Museum marks a turning point in Egypt’s tourism strategy, combining ancient splendor with modern display technologies. “This monumental project transforms Egypt’s extraordinary heritage into tangible opportunities and resources that support the national economy,” Kojak noted.

He highlighted that the museum’s opening will significantly enhance Egypt’s position on the global tourism map, boosting its competitiveness and visitor appeal. The site is expected to draw millions of tourists annually once fully operational, anchoring Egypt’s broader push to diversify its economic base.

Beyond its cultural significance, the Grand Egyptian Museum is also viewed as a symbol of Egypt’s robust investment climate. Kojak underscored that the project demonstrates successful public-private partnerships, showcasing Egypt’s commitment to developing diverse, high-yield ventures that deliver long-term economic returns.

“This is an inspiring experience of fruitful collaboration with the private sector,” he said. “It proves that Egypt is ready to embrace diverse projects capable of generating sustainable revenue and attracting foreign direct investment.”

In conjunction with the museum’s launch, the Ministry of Finance announced the release of commemorative coins made of gold and silver, to be sold at the museum’s premises starting next week.

Kojak added that collectors will be able to submit electronic requests for unique editions, which will be minted by the Public Treasury and Mint Authority within days.

Concluding his remarks, the minister emphasized that the Grand Egyptian Museum will serve as a powerful catalyst for Egypt’s tourism, cultural, and investment sectors, unlocking the country’s vast economic potential.

“We are determined to work hand in hand with all partners to unleash Egypt’s enormous capabilities,” Kojak said. “The best is yet to come.”