Construction Egypt seeks to privatise airports says Madbouly By Pramod Kumar November 6, 2023 Reuters/Amr Abdallah Dalsh Prime minister Mostafa Madbouly underscored the government’s commitment to collaborating with the private sector to enhance Egypt's transportation industry Mass transit lines to be included in plans Government ‘committed’ to private sector deals Prime Minister meets infrastructure firms Egypt is planning to privatise the management and operation of airports and mass transit lines, Prime Minister Mostafa Madbouly said. During a meeting with executives of more than 20 of the biggest companies in transport, logistics and maritime navigation from the UAE, China and the US, among others, Madbouly underscored the government’s commitment to collaborate with the private sector in enhancing the transportation industry. Egypt targets $35bn foreign investment in next five years Egypt signs contract to establish $1bn tyre factory Egypt poised for $3bn green hydrogen facility Daily News Egypt quoted Madbouly as saying: “We are certain that the private sector is best suited to manage and operate various projects and facilities, whether sea ports or dry ports.” In July, Egypt approved 17 infrastructure projects under its public-private partnerships (PPP) scheme. The projects include three wastewater and industrial waste plants in Sadat, New Beni Suef and New Mansoura, and nine transformer plants and electrical grid projects in the New Administrative Capital, 6 October City and New Aswan City. The government has announced that 21 water desalination plants with a total capacity of 3.3 million cubic metres per day will be offered to the private sector until 2025 for a value of $3 billion.