View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
May 25, 2009

Egypt to Spend $1.12bn on Airport Projects

The Egyptian Government will spend EGP6.3bn ($1.12bn) on new airport and expansion projects, according to local press reports. EGP2bn will be spent in the reconstruction of Terminal 2 at Cairo International Airport, while EGP4.3bn will be dedicated for three new airports in the country,

By cms admin

The Egyptian Government will spend EGP6.3bn ($1.12bn) on new airport and expansion projects, according to local press reports.

EGP2bn will be spent in the reconstruction of Terminal 2 at Cairo International Airport, while EGP4.3bn will be dedicated for three new airports in the country, the Khaleej Times reports.

Cairo Airport Company’s Ihsan Sadik said the three new airports – Burg El Arab Airport, Hurghada Airport and Asyout Airport – will handle 10 million passengers each year.

Burg El Arab is expected to be operational within a year while the remaining two airports may take two to three years to start operations.

Cairo, the biggest international airport in Egypt, opened its Terminal 3 on 27 April, with an annual capacity of 11 million passengers.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The airport industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Airport Technology