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Egypt seeks to privatise airports says Madbouly

Prime minister Mostafa Madbouly underscored the government’s commitment to collaborating with the private sector to enhance Egypt's transportation industry 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.

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.

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