CAIRO – 15 June 2025: Prime Minister Mostafa Madbouly announced that the government will offer the first of its airports to the private sector for management and operation before the end of this year—a move he described as a major milestone for the country's aviation sector.
For the first time, Egypt’s airports will be operated by internationally specialized companies, marking a shift toward global standards in efficiency and service quality.
The initiative is part of a broader privatization strategy in which the International Finance Corporation (IFC) is playing a strategic advisory role.
During a meeting with IFC Managing Director Makhtar Diop, Madbouly emphasized the importance of accelerating the announcement of the airport offering strategy to begin the formal bidding process and select qualified international operators.
He praised IFC’s global expertise and successful track record in similar privatization initiatives around the world.
Diop confirmed that the official launch of the airport strategy is imminent. Once announced, the government will move forward with the bidding process, starting with Hurghada International Airport, which will be the first to be offered to private sector management.
He also expressed the IFC’s commitment to expanding collaboration with Egypt, particularly in the tourism sector, which includes medical, beach, cultural, and wellness tourism.
The IFC sees Egypt as a key partner in developing sustainable infrastructure and attracting international investment across vital economic sectors.
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