Egypt and IFC partner to introduce PPPs at 11 airports
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Background ✨
Egypt's Government planned to finalise an airport management contract with the International Finance Corporation by mid-March 2025, allowing private sector management of 11 airports, starting with Hurghada and Cairo Sphinx International Airports1. Groupe ADP and Hassan Allam Alliance expressed interest in managing Egyptian airports as part of the government's IPO programme2. The Egyptian Ministry of Finance granted EgyptAir EGP20 billion for fleet expansion, supporting aviation growth initiatives3.