{"id":85402,"date":"2025-03-26T00:00:00","date_gmt":"2025-03-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/26\/ifc-egypt-announces-list-of-airports-set-for-private-investment\/"},"modified":"2025-03-26T00:00:00","modified_gmt":"2025-03-26T00:00:00","slug":"ifc-egypt-announces-list-of-airports-set-for-private-investment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/03\/26\/ifc-egypt-announces-list-of-airports-set-for-private-investment\/","title":{"rendered":"IFC + Egypt announces list of airports set for private investment"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> IFC + Egypt announces list of airports set for private investment:<\/strong> Egypt and the International Finance Corporation (IFC) signed an advisory agreement that unveiled the list of 11 Egyptian airports slated for development through public-private partnerships (PPP), according to a <a target=\"_blank\" href=\"https:\/\/www.ifc.org\/en\/pressroom\/2025\/egypt-partners-with-ifc-to-introduce-public-private-partnerships-at-11-airports\" style=\"\" rel=\"noopener\">statement<\/a>. The agreement \u2014 which does not include Cairo International Airport \u2014 will see the pair kick off the program by offering the Hurghada International Airport as a pilot project.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here\u2019s the lineup:<\/strong><\/p>\n<ul>\n<li>Hurghada International Airport<\/li>\n<li>Sphinx International Airport<\/li>\n<li>Sharm El Sheikh International Airport<\/li>\n<li>Borg El Arab International Airport<\/li>\n<li>Luxor International Airport<\/li>\n<li>Aswan International Airport<\/li>\n<li>Sohag International Airport<\/li>\n<li>Assiut Airport<\/li>\n<li>Abu Simbel Airport<\/li>\n<li>El Alamein International Airport<\/li>\n<li>Marsa Matruh Airport<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The IFC is set to help the government launch a tender to select a strategic private partner for maintaining, operating, and upgrading the Hurghada International Airport. The Egyptian Holding Company for Airports and Air Navigation will retain ownership of the airport \u2014 the nation's second-busiest by passenger volume and air traffic.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We knew this was coming: <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/01df22aa-7058-47bd-9786-2a7380583960\/egyptair-secures-egp-20-bn-from-egypt%25e2%2580%2599s-finance-ministry-for-fleet-expansion\" style=\"\" rel=\"noopener\"><\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/01df22aa-7058-47bd-9786-2a7380583960\/egyptair-secures-egp-20-bn-from-egypt%25e2%2580%2599s-finance-ministry-for-fleet-expansion\" style=\"\" rel=\"noopener\">In January<\/a>, Egyptian Civil Aviation Minister Sameh El Hefny said that the plans would see the country initially offer the management of 11 airports to the private sector, and that Cairo International Airport would not be amongst this list, despite earlier speculations to the contrary. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Several global and regional players are interested: <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/62381762-26af-41ac-a115-b0fcf7daa938\/today:-dp-world-revives-congo%25e2%2580%2599s-deep-sea-port-development\" style=\"\" rel=\"noopener\">Unnamed Kuwaiti firms<\/a> and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8398abc-0b64-4e2f-9af3-c01ebf7a6223\/today:-egypt%25e2%2580%2599s-subsea-cable-factory-%2B-dekheila-port%25e2%2580%2599s-new-petrochemicals-facility\" style=\"\" rel=\"noopener\">French<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/b8398abc-0b64-4e2f-9af3-c01ebf7a6223\/today:-egypt%25e2%2580%2599s-subsea-cable-factory-%2B-dekheila-port%25e2%2580%2599s-new-petrochemicals-facility\" style=\"\" rel=\"noopener\">concessions and construction company Vinci<\/a> were both reported this month to have expressed interest. Earlier in December, Egypt\u2019s Hassan Allam Holding and France\u2019s Groupe A\u00e9roports de Paris <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/dd9b750d-f6f1-4aac-a086-1fab886dae8c\" style=\"\" rel=\"noopener\">submitted a joint proposal<\/a> to manage and operate Egyptian airports, and the China Communications Construction Company (CCCC) also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e5b0d666-ce36-433e-beab-ae3983a49b04\" style=\"\" rel=\"noopener\">said it was interested<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The agreement does not include Cairo International Airport and will see the pair kick off the program by offering the Hurghada International Airport as a pilot<\/p>\n","protected":false},"author":1,"featured_media":85403,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45],"tags":[145,49,44],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-85402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-aviation","tag-egypt","tag-investment-watch","wpautop","entry"],"acf":{"mongo_id":"3cbb46d8-5383-4b13-bf61-3c6e17fb5411","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/2133.jpg","photo_position":"above","homepage_title":"","full_issue_title":"IFC + Egypt announces list of airports set for private investment","related_issue":[85394],"teaser":"The agreement does not include Cairo International Airport and will see the pair kick off the program by offering the Hurghada International Airport as a pilot","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.5721c7c1-2e7c-4522-92c7-ae189a946d53.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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