Luxor Governor Mohamed Sayyed Badr said on Friday that the governorate will promote a project worth EGP 200 million at the Egypt Economic Development Conference (EEDC), due to kick off today.
An agreement was reached with the Youths and Sports Ministry to establish an international stadium at Luxor city.
He added that the Upper Egyptian governorate seeks to diversify income resources to be less dependent on tourism revenues.
Meanwhile, world leaders, heads of state, and executives of international companies have been arriving at the EEDC venue to take part in the three-day conference.