Head of "Copelouzos": We look forward to expanding our investments in airport management and operation in Egypt
Dr. Sameh El-Hefny, Minister of Civil Aviation, received Dimitrios Copelouzos, Chairman of Greece's "Copelouzos" Group, to discuss the latest developments regarding the offering of Egyptian airports and future investment opportunities in this field.
During the meeting, the two sides discussed the new steps achieved in this file, in light of the Egyptian government's preparations to offer 11 airports to the private sector for management and operation in cooperation with the International Finance Corporation (IFC), as part of the state's strategy to enhance private sector participation in managing and operating vital facilities and to develop the air transport system in line with the latest international standards.
In this context, Dr. Sameh El-Hefny affirmed that the Egyptian state attaches special importance to investment in the civil aviation sector as one of the main drivers of economic development and of attracting foreign investment, pointing to the strength of the historical and strategic relations between Egypt and Greece, particularly in infrastructure and renewable energy, and stressing the importance of benefiting from international expertise in this field.
For his part, the Chairman of Greece's "Copelouzos" Group expressed his pleasure at meeting the Minister of Civil Aviation to follow up on developments in this file, and his aspiration to consolidate frameworks of constructive cooperation and explore the investment opportunities available with the civil aviation sector in this vital field, building on the effective topics reviewed during the previous meeting. He praised the qualitative leap and remarkable development Egypt's civil aviation sector has witnessed recently, and affirmed the group's desire to expand its investments in the management and operation of Egyptian airports, given the attractive investment climate and the political will supporting partnership with the private sector, adding that the Egyptian market represents a promising destination for international investors thanks to the major development transformations it is witnessing and a clear orientation toward the green economy.
