Egyptian billionaire Naguib Sawiris said he plans to bid for the management and operation of up to three airports as Egypt moves to bring private operators into the sector, a step the government sees as key to improving services and boosting tourism.
Speaking at the Conference on the Competitiveness of the Egyptian Economy in Cairo, Sawiris said an Italian company is considering forming a consortium with one of his firms to pursue Hurghada International Airport, which is now open to private participation.
Sawiris also flagged Luxor and Sohag airports as priorities for potential bids. He said professional management and upgraded infrastructure could boost Egypts appeal to international visitors.
