Minister of Civil Aviation Mohamed Manar said some Saudi and Kuwaiti investors are keen to compete for cargo village and logistic projects at Cairo International Airport (CAI) and Sphinx International Airport (SIA), Invest-Gate reports.
The ministry has coordinated with the investment authority to receive investment offers to begin the implementation process, Manar revealed in a recent press release.
Set for operation by June 2021, the project of linking CAI’s “Terminal 2” to the multi-purpose carport is in the pipeline at a cost of EGP 170 mn, so far almost 35% complete, the minister further stated, noting that new additions include a 310-meter-long electric walker, a 60-meter-long bridge, and a 1,200-square-meter commercial area.
As for west Cairo’s SAI, the newly-introduced airport is being expanded to have a capacity of 900 passengers per hour instead of 300, thereby accommodating the expected increase in traffic with the opening of the Grand Egyptian Museum.
Last June, President Abdel-Fattah El-Sisi inaugurated the long-awaited Capital International Airport and Sphinx International Airport via video conference, both coming to help to relieve pressure on Cairo’s existing hub, according to an earlier presidential statement.