Egypt’s Ministry of Civil Aviation and Icon, a British airline company, are ready to complete assessing strategies to build a $20 billion new ‘airport city’ on 2288 acres of land at Cairo airport by mid-April this year.

This is according to Minister of Civil Aviation, Wail al-Madawi, who said these plans comprise a number of restaurants and hotels, intended to accommodate future expansions in Cairo airport’s passenger capacity, which is expected to reach 70 million.

According to Daily News Egypt, the ministry had stated that once the plans have been reviewed, they will seek to construct similar projects near the Burg al-Arab airport in Alexandria and around the Port Said airport.

Al-Madawi said that a 10-year plan had been presented to the Shura Council’s Transportation Committee earlier this month regarding the implementation of similar projects in other parts of the country.

“The Japanese International Cooperation Agency (JICA), on concluding the review, plans to build a passenger reception hall for the airport capable of hosting an expected three million passengers at an expected cost of EGP 180 million, in addition to an additional aeroplane corridor at a cost of EGP 120 million,” Al-Madawi told Daily News Egypt.

He added that plans have been made to build a third terminal in Cairo Airport over a period of 2 years at an estimated cost of EGP 2 billion, in an attempt to raise the airport’s overall passenger capacity from 22 million to 30 million per year.

The African Development Fund (ADF) agreed to loan the Egyptian government $360 million to construct an additional reception hall in the Sharm El-Sheikh airport, with the capacity to host 10 million passengers yearly, on condition that Egypt first accepts its pending IMF loan.

Madawi said that a third reception hall would also be constructed at Hurghada Airport in the coming year at a cost of $1.7 billion. The hall will have the capacity to host 7.5 million passengers yearly.

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