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Egypt will hive off its airports for operations by the private sector. This indication was given by Egypt’s Prime Minister Mostafa Madbouly. He said that the government plans to offer the management and operation of airports to the private sector, although he did not indicate when the government will implement such a decision
Egypt will hive off its airports for operations by the private sector. This indication was given by Egypt’s Prime Minister Mostafa Madbouly. He said that the government plans to offer the management and operation of airports to the private sector, although he did not indicate when the government will implement such a decision.
The announcement came during a roundtable discussion with representatives of more than 20 of the largest international companies in the fields of transport, logistics, and maritime navigation. The meeting was also attended by Transport Minister Kamel Al-Wazir. This announcement took place on the sidelines of the fifth Smart Transport, Logistics, Infrastructure, and Traffic Fair and Forum for the Middle East and Africa Region.
In his remarks, Madbouly emphasized the Egyptian government’s interest in partnering with the private sector in the transportation sector. He stressed that the government is keen to have the private sector manage and operate transportation projects after they are completed. He further said that the government is also keen to explore partnership opportunities with the private sector in managing and operating mass transit lines.
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The international companies that attended the meeting represented a diverse range of nationalities, including German, Chinese, Russian, Hungarian, Emirati, French, American, Danish, Austrian, Spanish, Czech, and Hungar. The summit was organized by the Egyptian Ministry of Transport.
