infrastructure projects in Egypt: Extension of period for tenders

4 March 2011

There is a possibility that the Egyptian government may be obliged to extend the period for receipt of tenders concerning four projects in the infrastructures domain, reports Reuters.

This revelation was made at the Middle East Project Finance conference organised by the MEED by an Egyptian state official.

So the projects for the construction of hospitals, roads and purification plants in North African countries with a total value of 2.6 billion dollars (€1.86 billion) will have their tender periods extended.

At an interview given to Reuters, Rania Zayed, who is responsible for public-private partnership projects, said that this option of extending the tender periods will be examined together with the Egyptian Prime Minister.

She also confirmed that a committee specializing in public-private partnership projects will discuss the four initiatives with the Prime Minister.

Categories: Transport, Water

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