Egypt to double overall airport capacity by 2050
Egypt's Minister of Civil Aviation Abdel Aziz Fadel said the Ministry plans to increase overall passenger capacity at the country's airports from 30 million p/a to 40 million p/a by 2025 and 60 million p/a by 2050. As reported by Al Borsa, Mr Fadel outlined the following on-going airport projects:
- Alexandria Borg El Arab Airport: Studies underway for construction of a terminal to increase capacity from 1.2 million to more than five million passengers p/a;
- Cairo International Airport: Expected to complete an EGP283 million (USD41 million) project to develop cargo facilities by the end of 2013 and complete construction of an EGP253 million (USD37 million) power plant by the end of 2014. Plans to construct an EGP2.3 billion (USD334 million) passenger terminal with seven boarding bridges to increase capacity to 30.5 million passengers p/a;
- Hurghada International Airport: Plans developed for construction of an EGP2.3 billion (USD334 million) terminal by mid 2014 to increase capacity from 7.5 million to 13 million passengers p/a. Project to be undertaken by Saudi Binladen Group and funded by Arab Fund for Economic and Social Development. Construction of a 4000m runway to be undertaken by Orascom Group at a cost of EGP486 million (USD70 million).
The Ministry also completed studies on satellite navigation systems and is seeking funding from foreign and domestic sources to finance a USD800 million project to improve air navigation and communication in the country.