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Egypt partners with IFC to enhance airport infrastructure through public-private partnerships
Egypt is partnering with the International Finance Corporation (IFC) to implement public-private partnerships (PPP) at 11 airports, including Hurghada International Airport, to enhance infrastructure and services without straining the national budget. This initiative is part of Egypt's Asset Monetization Program, aiming to attract private investment and improve air connectivity, ultimately fostering economic growth and tourism. The airports involved also include Sphinx, Sharm El Sheikh, and Luxor, among others.
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