The egyptian government is using (IFC) to proceed 11 airpots projects tendering process with the private sector.

The Egyptian government is preparing to offer all airports to private sector investors to manage operation during the coming period.

Yesterday, Wednesday, Egyptian Prime Minister Mostafa Madbouly held a meeting with a number of the most prominent investors in the private sector in Egypt, where the two sides discussed the changes facing the private sector and the measures that investors need from the state in the coming years.

Dr. Mustafa Madbouly, Prime Minister Al Marri, said that two new initiatives will be announced in the coming period, aiming to support the industry and tourism sectors.

He explained, during the meeting, that the golden license would be granted to all tourism projects, with all procedures and licenses being completed within just one month. The Egyptian government is preparing to offer all airports to investors in the private sector to manage operation during the coming period.

Yesterday, Wednesday, Egyptian Prime Minister Mostafa Madbouly held a meeting with a number of the most prominent investors in the private sector in Egypt, where the two sides discussed the changes facing the private sector and the measures that investors need from the state in the coming years.

He explained, during the meeting, that the golden license would be granted to all tourism projects, with all procedures and licenses being completed within just one month.

Madbouly confirmed that the government agreed to offer all Egyptian airports to the private sector, noting that the government aims to attract 18 million tourists by next year.

Basil Saad highlighted the need for a separation between the Ministry of Civil Aviation and state-owned airlines in order to liberalize competition in this sector, double the numbers of tourists, and maximize the state’s direct foreign exchange income from the tourism sector.

Madbouly also announced during the meeting that Egypt will be able to meet the industry’s needs for natural gas by the end of 2025, explaining that gas is currently sold at less than its market value, which makes the country lose the opportunity to export it at a higher price or provide it at competitive prices to local industries. He pointed to expectations that interest rates would reach 12-13% by the end of 2025

Dr. Ahmed Alkalawy

President of the Arab Federation for Public-Private Partnership