Egypt and IFC to finalise airport management contract by mid Mar-2025: Aviation Minister
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Background ✨
Egypt has been collaborating with the International Finance Corporation as a strategic advisor to execute its airport privatisation programme, aiming to reduce state involvement across multiple sectors1 2. The Ministry of Civil Aviation emphasised that private sector involvement is deemed most efficient for managing and operating airport facilities3. As part of these efforts, Egypt's Cabinet initiated processes to offer airport management and operation concessions to the private sector4.