WAYA
27 March 2025
The International Finance Corporation (IFC) announced that it engaged with the Egyptian government to advise on the introduction of public private partnerships (PPP) in the country’s airports sector. This is to improve infrastructure, connectivity and passenger services.
IFC and MoCA Under this engagement, IFC will advise the Ministry of Civil Aviation (MoCA) to prepare the strategy for the development of a partnership with the private sector across 11 airports in Egypt. These airports represent a significant portion of the country’s domestic and international air travel.
As a pilot project, IFC will act as Lead PPP Transaction Advisor for Hurghada International Airport. This is because it is Egypt’s second busiest airport in terms of annual passengers and aviation traffic.
More: Egypt Partners with IFC to Introduce Public-Private Partnerships at 11 Airports - WAYA
