Egypt is making significant strides in expanding its airport infrastructure, with the country’s 23 airports, led by Cairo International Airport, seeing increased passenger traffic. According to the Ministry of Civil Aviation, Egypt’s passenger numbers grew by 9% in 2024, surpassing 50 million, while flight operations rose by 3%.
The Government aims to continue this upward trajectory, with ambitious targets for passenger numbers and the aviation sector’s development.
A new agreement signed in Cairo on Monday marks the beginning of a broader collaboration between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank. Prime Minister Mostafa Madbouly emphasized that this agreement will serve as a foundation for strengthening public-private partnerships in key infrastructure, particularly airports, to foster economic growth and enhance Egypt’s business environment. Minister of Planning, Rania Al-Mashat, stressed the role of the private sector in driving growth, especially within Egypt’s booming tourism, transport, and logistics sectors.
The partnership aims to improve airport facilities, capitalizing on the IFC’s expertise in attracting global investment. With tourism reaching record levels in 2024 and Egypt’s target of welcoming 30 million tourists annually by 2028, the demand for modern, efficient airports is clear. Minister of Civil Aviation Sameh El-Hefny confirmed that the newly established strategic framework will focus on identifying suitable airport projects for public-private collaboration. As part of its long-term goals, Egypt is targeting 72.2 million passengers by the end of 2025 and 110 million by 2030.