Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

  • Date: 15-Dec-2020
  • Source: Arab News
  • Sector:Transport
  • Country:Egypt
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Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

Exterior of Terminal 1 is seen at Cairo International Airport in Cairo, Egypt, in this file photo taken on July 21, 2019. (REUTERS)

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Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

Manna said that the Ministry of Aviation has decided to extend the decision to reduce landing and takeoff fees by about 50 percent for another three months

Updated 15 December 2020

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CAIRO: The Egyptian Ministry of Aviation received investment offers from Saudi Arabia and Kuwait to compete for cargo village projects at Cairo International Airport and Sphinx International Airport (west of Cairo), according to statements by Minister of Aviation Mohammed Manar.

Manar said that his ministry aims to establish cargo village and logistical areas at both airports on the Cairo-Alexandria desert road, indicating that the ministry has coordinated with the investment authority to receive investment offers to implement these projects.

He added that the Sphinx International Airport is being expanded with the aim