Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

posted on 15th December 2020 by Parveen Raja
Egypt receives offers from Saudi Arabia and Kuwait to invest in two airports in Cairo

By Mohammed Abu Zaid, Arab News

CAIRO: The Egyptian Ministry of Aviation received investment offers from Saudi Arabia and Kuwait to compete for cargo village projects at Cairo International Airport and Sphinx International Airport (west of Cairo), according to statements by Minister of Aviation Mohammed Manar.

Manar said that his ministry aims to establish cargo village and logistical areas at both airports on the Cairo-Alexandria desert road, indicating that the ministry has coordinated with the investment authority to receive investment offers to implement these projects.

He added that the Sphinx International Airport is being expanded with the aim of receiving 900 passengers per hour instead of 300, in order to accommodate the expected increase in passenger traffic with the opening of the new Egyptian Museum.