Recent reports reveal that 12 international groups have submitted bids to expand the Cairo International Airport at the cost of $150 million. The contract, to be based on the Build, Operate and Transfer (BOT) system, will reportedly be awarded within three months, according to KsaToday daily.
The Egyptian Civil Aviation Authority is presently evaluating the bids of several international groups from the United States, France, Belgium, Spain, Turkey Germany, and Egypt. Earlier this month, the authority published an additional tender to expand the Borj Al-Arab airport, second in size only to Cairo’s airport. — (Mena Report)
© 2001 Mena Report (www.menareport.com)
