Arab FinanceSix international companies have expressed their interest in managing and operating the airports that the state intends to offer to the private sector, according to Al Mal newspaper.
This follows news that the International Finance Corporation has submitted its technical study and proposed timeline to the government regarding handing over management of 20 of the country's airports to the private sector.
Prime Minister Dr. Mostafa Madbouly had said in his previous statements last week that Egypt is maximizing its assets and not selling them, pointing out that There is no plan to sell Egyptian airportsHe stressed that offering a number of airports in the proposal program is for the development, management and operation of the airport.
He also added that we are offering a number of airports for management and operation, but the airport lands are Egyptian and will not be sold.
Madbouly pointed out that offering a number of banks in the IPO program differs from airports, and that there are “private banks and government banks,” which have special procedures for offering.
Related news
