Egypt Initiates Privatization of Airport Management

Egypt Initiates Privatization of Airport Management

The Egyptian government commenced, on Monday 4 March, the process of privatizing the management and operations of its nationwide airports, with the goal of enhancing passenger services and generating higher revenues. As part of this process, Egypt will engage consultants to establish procedures for reducing and reviewing bids and offers from interested parties. Prime Minister Mostafa Madbouly chaired a meeting to discuss the executive procedures proposed by the Ministry of Civil Aviation, emphasizing the government’s commitment to developing the civil aviation sector and integrating it with the country’s overall development process. Mohamed El-Homsani, the official spokesperson for the Prime Minister’s Office, said that the government intends to bring in a highly experienced international consultant to oversee the comprehensive plan for the outsourcing process, including setting selection criteria and managing the bidding process. The meeting focused on enhancing infrastructure utilization, improving operational efficiency, enhancing the passenger experience, increasing revenues, promoting sustainability and digital transformation, and developing administrative efficiency.  Lastly, the meeting addressed a suggested timetable for the outsourcing procedure.  The initial stage involves issuing a tender – structured procedure for generating competing offers to different potential contractors – to choose theContinue reading "Egypt Initiates Privatization of Airport Management"

The post Egypt Initiates