Hawaii Company’s Chairman and tourism expert Ahmed Metwally announced on Thursday that his company will invest LE500 million to construct the Cairo Eye, which will be Africa’s largest Ferris wheel at 120 meters tall. Metwally added during a press conference that the project will take two years to complete, and aims to attract 2.5 million visitors annually. The Ferris wheel will be built near the bank of the Nile River in Zamalek on an area of 20,000 square meters. The project is Cairo’s first Ferris wheel, and upon completion, it will be the fifth largest wheel in the world after London, Dubai, Las Vegas. Before the pandemic, the industry witnessed a remarkable 21 percent growth in 2019, welcoming 13.6 million visitors, according to a report from the UNWTO.

Source: Egypt Independent January 22, 2021 09:11 UTC