15 August 2014

Egypt: Bid Requirements of Airport City's Project Offered for Egyptian, Arab, Foreign Investors

Minister of Civil Aviation Hossam Kamal said on Thursday 14/08/2014 that Cairo Airport Company has put forward the "bid requirements" of Airport City project before the Egyptian, Arab and foreign investors.

Minister Kamal pointed out that the offering process will continue for 60 days after which the date of the public auction will be determined in order to take the actual procedures of the project. He added that the project would cost about EGP 80 billions.

This came during the presence of Chairman of the Egyptian Holding Company for Airports and Air Navigation (EHCAAN) Mahmoud Esmat.

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