Arab Finance: The Egyptian government is planning to offer the management and operation of airports to the private sector, as per a cabinet statement on November 5th.
The announcement was made by Prime Minister Mostafa Madbouly while chairing a roundtable in the presence of officials from major international companies in the field of transport, logistics, and maritime navigation.
The government is also mulling over partnership opportunities with the private sector in managing and operating mass transit routes, Madbouly said.
Moreover, he noted that the green transport projects being carried out currently by global companies require huge financing that shall be arranged on concessional terms.