Egypt Partners with IFC to Introduce Public Private Partnerships at 11 Airports
Egypt, March 24 -- IFC has engaged with Egypt's Ministry of Civil Aviation (MoCA) to advise the Government on introducing public private partnerships (PPP) in the country's airports sector to improve infrastructure, connectivity, and passenger services.Under this engagement, IFC will advise MoCA on prepare a strategy for partnership development with the private sector in 11 airports across Egypt, representing 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, Egypt's second busiest in terms of annual passengers and aviation traffic. Airports were identified as a strategic sector for increased partnerships with the ...
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