ASCTEAssociation of Colleges for Teacher Education
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Joint venture companies such as ASCTE and TRANSTOUR were largely protected from competition by the fact that their establishment was made through specific laws, and not as the result of a general law liberalizing the economy, or sector, more broadly.
The Cham Palace group of hotels was established in 1983, after Aidi's Arab Syrian Company for Touristic Establishments (ASCTE) - the first of the mixed sector companies to be established - came into existence during the first infitah by Law 56 of 1977.(26) Most of Cham's hotels, which now number seventeen and supply some 7,530 beds,(27) were built between 1987 and 1990 after the government surrendered its monopoly in the construction industry.
This explains the enshrining into law of TRANSTOUR and ASCTE, rather than the complete or competitive liberalization of the tourism sector during the 1970s and 1980s.