Fraport wins deal to manage Cairo airport
FRAPORT AG Frankfurt Airport Services Worldwide, the company that operates Frankfurt airport, said it had won an eight-year contract to manage Cairo Airport in Egypt.
The company said in a statement that it is not required to invest in the either the Egyptian airport company or Cairo’s airport infrastructure.
“Having won against renowned competitors from France and Spain is a tremendous achievement for us,” added Fraport’s executive board chairman Wilhelm Bender. “In Cairo, our team of experts will be successfully implementing Fraport’s world-famous know-how gained from decades of managing Europe’s leading air transport hub,” Bender said. Fraport received the maximum evaluation points in its bidding process for the Cairo contract as well as for a simultaneous bid for managing five Egyptian regional airports.