Egypt to launch 13-14 PPP projects in 2016

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Egypt to launch 13-14 PPP projects in 2016

Egypt has plans to launch 13-14 public-private partnership (PPP) projects in 2016, with total costs estimated at around US$2.5 billion.

The announcement was made by the director of the Egyptian finance ministry's PPP unit, Atter Hannoura, at an Abu Dhabi press conference on June 9th, 2015.

The total costs for the projects is currently estimated between EGP16 billion (US$2.1 billion) and EGP19 billion (US$2.5 billion).

Egypt has a total of 8 projects still planned for launch in 2015, with costs estimated at around EGP12 billion (US$1.57 billion). Key ventures are listed below:

  • Maadi's Technology City - exportation of telecom and IT services. The total cost for phase 1 amounts to EGP700 million (US$91.5 million). It is expected to raise the value of export services by US$900 million per year.
  • Nile River Project - upgrade of the Nile transport fleet and harbors. The project involves, among others, the development of 12 new harbors and the renovation of 16 existing ones the It is planned to be launched in July/August 2015. The total project investment is estimated at at EGP550-650 million (US$72-85 million).
  • Safaga Harbor Project - upgrade and renovation of the port. The project aims to convert the harbor into an industrial port. The tender process is expected to be launched by the end of 2015. The total project investment is estimated at EGP4 billion (US$523 million).

One of the targets Egypt has for 2016 is diversification of its economy through new industries including the following: exportation of phosphoric acid, import/export of grains, importation of livestock and reparation and maintenance of ships.

List of country news

Country news

  • June 18, 2015

    Bids for Abu Rawash wastewater plant to be open in June

    There were four shortlisted teams but only the following two bid for the project: Read more
  • June 25, 2015

    Egypt raises $100 million for Africa Infrastructure Fund

    Egypt has approved to invest a total of US$100 million in the Africa50 Infrastructure Fund, which was launched in 2014 by the African Development Bank (AfDB). Read more
  • July 27, 2015

    Ernst & Young to advise on the Nile River Bus PPP

    The European Bank for Reconstruction and Development (EBRD) has selected Ernst & Young to advise on the Nile River transport PPP project in Egypt. Read more
  • August 11, 2015

    MTBS to execute the feasibility study for the Abu Tartour Port Project

    The International Finance Corporation (IFC), a member of the World Bank, has selected Maritime & Transport Business Solutions (MTBS) to execute the feasibility study for the Abu Tartour Mining Port (ATP) PPP project in Egypt. Read more
  • August 31, 2015

    Aqualia, Veolia, Orascom consortium wins Abu Rawash wastewater PPP

    A consortium composed of Orascom Construction Industries (OCIC), Veolia and Aqualia has won the Abu Rawash wastewater treatment plant PPP project in Egypt. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.