Egypt is inviting private investors to manage five of its major airports, marking the first phase of a larger initiative aimed at rejuvenating the nation’s gateway infrastructure. This strategic shift, reported by *Al Arabiya* and corroborated by insider sources, positions Egypt as a burgeoning hub for international travel and logistics.
The airports slated for this transition include Cairo International, Sphinx International, El Alamein International, Sharm El Sheikh International, and Hurghada International. This initiative is part of a broader vision to boost the efficiency and global connectivity of Egypt’s aviation facilities.
Civil Aviation Minister Sameh Elhefny emphasized that while the private sector will oversee the management and commercial operations within these airports, ownership will steadfastly remain with the Egyptian state. “Our airports are not for sale,” Elhefny affirmed, dispelling any concerns about privatization.
The engagement of international operators is expected to enhance Egypt’s aviation profile, attracting major airlines from the United States, Europe, and East Asia to consider direct routes into the country. This could significantly bolster Egypt’s tourism industry and amplify air cargo traffic, providing a much-needed economic boost.
In alignment with this vision, six international companies have already expressed keen interest in managing these crucial transport hubs. Notably, discussions are underway with Greece’s Copelouzos Group to explore potential joint projects, reflecting the international community’s confidence in Egypt’s aviation prospects.
Looking ahead, the initiative will expand to include other airports such as Luxor and Aswan. Of particular interest, Aswan International Airport is poised to become a pivotal hub for flights extending into sub-Saharan Africa, further integrating Egypt into the global aviation network.
This strategic initiative by Egypt underscores a commitment to modernizing its aviation sector, aiming to transform its airports into world-class facilities that not only serve as gateways to the ancient land but also as conduits of modern commerce and tourism.
