Egypt invites BOT highway proposals
The Egyptian government has recently invited private investment, through the build, operate and transfer (BOT) system, to construct new highways throughout Egypt, in accordance with international standards.
According to a report in the Al-Hayat newspaper, the ministry of transportation has completed the necessary studies regarding the construction of such a highway linking Cairo with Ain Al-Sukhna, via Kreimat.
Egypt’s Minister of Transportation, Ibrahim Al-Demeiry, was cited by the daily, stating that a comprehensive plan has been designed to link all Egyptian districts through a network of highways, in an effort to accelerate urban and economic development throughout the country’s various regions. — (Albawaba-MEBG)
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