$100 Million US investment to protect cultural heritage in Egypt

During the commemoration of the anniversary of the discovery of the Tutankhamun’s tomb, the Chargé d'Affairs, Ambassador Daniel Rubinstein, inaugurated the restored Carter House .

Ambassador Rubinstein reiterated at the event to United States support for and commitment to Egypt’s cultural heritage, and say "I am excited to be here today to celebrate the centenary of the discovery of King Tutankhamun’s tomb, and the restoration of Carter’s House.

·         $100 million US investment  

  Rubinstein  say American Government has invested more than $100 million to protect Egypt’s extraordinary cultural heritage and ensure local communities benefit from the growing tourism industry. In Luxor, funding from the United States has preserved iconic sites, including Luxor Temple, Karnak Temple Complex, Medinet Habu, Valley of the Kings, and today’s site, Carter House."

·         $13 million Restoration of Historic Cairo

The U.S. Government, through USAID, supported the restoration of Carter House through a $13 million program focused on historic Cairo and Luxor Governorate called the Integrated Management of Cultural Tourism program. This program works with the Government of Egypt to streamline tourism laws and regulations, incentivize investment in cultural tourism through public-private partnerships, and add value to current tourist attractions by incorporating additional business opportunities, such as entertainment and event spaces. The program specifically targets its support toward micro-, small-, and medium-sized businesses, which ensures that local communities reap the benefits of Egypt’s tourism sector.

·         $100 million To preserve cultural heritage sites

The United States has contributed more than $100 million (over 2.4 billion Egyptian pounds) over the past 25 years to preserve dozens of cultural heritage sites throughout Egypt, from Aswan to Alexandria. Since 1978, the American people have contributed over $30 billion (EGP 471 billion) to support Egypt’s economic development.