NOOZ
The Egyptian Airports Company has launched a new plan to improve the efficiency of runways in Taba Airport at a cost of LE 15 million, in addition to the construction of an LE 75 million passenger terminal at Hurghada Airport, said Magdeddin Ibrahim, chairman of the Egyptian Airports Company on Sunday.
He pointed out that the number of passengers traveling through Egyptian airports has increased recently, which highlighted the need to improve the airports and upgrade their capacity in cooperation with international airport management operations.
Magdeddin said his company would allocate LE 50 million of funds to improve security in the Egyptian airports in line with the most modern technologies. “Our new fiscal year plan includes the improvement of Borg El Arab Port through construction of a new runway and passenger terminal as well as an £4.8 million shopping area, he added.
The chairman of the Egyptian Airports Company said the new LE 524 million passenger terminal in Sharm El Sheikh Airport will be opened in November after upgrading the airport’s runway at an estimated cost of LE 48 million. Construction of the passenger terminal was financed by bank loans.
