Foundation stone in place for international airport in Marsa Alam

The foundation stone for the international airport at Marsa Alam, the first airport to be implemented in Egypt on the B.O.T (build-operate-transfer) system which is run by the Kuwaiti group El-Khorafi, was laid.

The party was attended by governor Saad Abu Rida; Faisel Abd El-Razek El-Khaled, Kuwait's ambassador in Cairo; General Abd El-Fattah Cato, head of the Civil Aviation Organization; and Adel Radi, head of the Organization for Tourism Development, the owner of the lands on which the project is established.

El-Khorafi will hold the right to run and exploit the project for 40 years in the name of the Imac Marsa Alam company affiliated to El-Khorafi group, which specializes in running airports, in cooperation with two companies from the Netherlands and England.

The airport will be opened in the year 2001, will receive 4 million passengers annually and is planned for receiving large airplanes to serve tourism in the Red Sea area.