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Country-Plan Projects and Tenders |
| 7446 Subject |
2.5 مليار جنيه استثمارات أنشاء المطار بشرم الشيخ وخطوات تنفيذ Final contracts for the extension of Cairo & Sharm Al Sheikh airports worth L.E. 2.5 billion+ are to be soon signed. |
| Date Published | Sunday, November 28, 2004 |
| Source Name | Gomhouria |
| Location Name | Country Wide |
| Description | Head of the Holding Co. for Airports, Eng. Ibrahim Mannaa, was quoted in the media revealing that final contracts for the extension of Cairo & Sharm Al Sheikh airports worth L.E. 2.5 billion + are to be soon signed. Both jobs are backed by a $ 335 million soft loan raised by the World Bank (said to have endorsed the awards). Winner of the Cairo Airport contract (third terminal), for completion in 30 months, is a Turkish Egyptian Consortium involving TAF Co. and Egypt Holding Co. for Roads & Bridges. Winner of Sharm Al Sheikh Airport extension contract, for completion in 18 months, is the Saudi Bin Laden Group. |
| Sectors Section |
Beneficiary Sectors - Construction Projects Airports |