Watan
28 January 2025
The government plans to privatize management of major airports, aiming to enhance services, attract investments, and alleviate financial burdens while addressing national security concerns.
Sources within the Federation of Tourism Chambers, who participated in recent advisory meetings on economic and tourism committees held at the Cabinet and the Presidency, confirmed that airport privatization has become inevitable to alleviate the accumulated debts of the aviation sector and improve the efficiency of airports, which have severely deteriorated.
The sources told “Al-Araby Al-Jadeed” that the government has received six offers, mostly from European companies, negotiating to manage some major airports, with a condition that the government adheres to a timetable for the tendering and assignment process within the current year.
More: Egypt Moves Towards Airport Privatization to Boost Efficiency and Reduce Debt - Watan
