Civil Aviation Minister Sameh El-Hefny received Mark Davis, the European Bank for Reconstruction and Development’s Managing Director for the Southern and Eastern Mediterranean, to discuss aviation cooperation. He praised Egypt’s productive relationship with the bank and strong partnerships supporting shared development goals.
El-Hefny outlined plans for private-sector participation in Egyptian airports, including appointment of an international consultancy to conduct a comprehensive strategic study of airports targeted for cooperation, assessing all relevant aspects to achieve the best results.
He emphasized structural reforms to create an attractive investment environment and the ministry’s commitment to the government’s offerings program to generate positive returns for the national economy.
Davis praised cooperation with Egypt, saying the bank’s investments during the previous year demonstrated confidence in the economy and private sector. He expressed interest in stronger aviation cooperation.
He said the EBRD supports sustainable regional development, focusing on private infrastructure, industry and energy projects, environmental protection and social and economic balance. It also provides advisory services for institutional and economic reform.
In Egypt, its priorities include project financing, skills and service development, wider economic opportunities, faster green transition through renewable energy, efficient and sustainable infrastructure, climate action, private-sector growth, improved governance and a stronger business environment.
