EG-AIRPORTS DEVELOPMENT PROJECT

Abstract*

The development objectives of the Airports Development Project, closely interrelated, are to eliminate capacity bottlenecks to traffic growth, particularly for tourism and associated foreign exchange earnings; raise the service quality of the Cairo International Airport and Sham El Sheikh Airport to international best practice standards; and promote efficient private participation in airport management and airport service delivery in a more competitive... Show More

Development Objective

The Project will support the Borrower's ongoing efforts to eliminate capacity bottlenecks to growth in airport traffic, raise the quality of services to international best practice standards at Cairo International and Sharm El Sheikh Airports, and promote private sector participation in airport management and service delivery.

Key Details

Project Details

Project ID
P082914
Status
Closed
Team Leader
Michel Bellier
Borrower 2
N/A

Country
Egypt, Arab Republic of
Disclosure Date
June 13, 2003
Approval Date
(as of board presentation)
March 30, 2004
Effective Date
August 24, 2004

Total Project Cost 1
US$ 574.00 million
Implementing Agency
N/A
Region
Middle East and North Africa
Fiscal Year 3
2004

Commitment Amount
US$ 335.00 million
Environmental Category
A
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2009

Last Stage Reached
BANK APPROVED
Last Update Date
March 11, 2021

Associated Projects
P105750

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Economic Policy

FY17 - Trade34%
- FY17 - Trade Facilitation34%

FY17 - Private Sector Development

FY17 - Business Enabling Environment33%
- FY17 - Regulation and Competition Policy33%

FY17 - Public Sector Management

FY17 - Public Administration33%
- FY17 - State-owned Enterprise Reform and Privatization33%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	335.00
Borrower/Recipient	239.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	335.00
IDA Commitment	N/A
IBRD + IDA Commitment	335.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	574.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Aug 1, 2023	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2024	IBRD-75140	Int Charges	4,791.68
Aug 1, 2024	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2024	IBRD-75140	Int Charges	658,795.75
Apr 24, 2008	IBRD-75140	Loan Commitment	40,000,000.00
Mar 30, 2004	IBRD-72220	Loan Commitment	335,000,000.00
Feb 1, 2024	IBRD-75140	Int Charges	689,649.70
Feb 1, 2024	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2020	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2019	IBRD-75140	Int Charges	436,411.44
Aug 1, 2019	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2020	IBRD-72220	Int Charges	281,202.90
Aug 1, 2020	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2021	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2021	IBRD-72220	Int Charges	39,219.68
Feb 1, 2021	IBRD-72220	Loan Repay	13,702,529.00
Aug 1, 2020	IBRD-75140	Int Charges	263,099.72
Aug 1, 2020	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2021	IBRD-75140	Int Charges	51,434.70
Aug 1, 2021	IBRD-75140	Int Charges	36,862.87
Aug 1, 2021	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2022	IBRD-75140	Int Charges	74,528.86
Aug 1, 2022	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2022	IBRD-75140	Int Charges	26,942.00
Feb 1, 2022	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2023	IBRD-75140	Int Charges	428,989.97
Feb 1, 2023	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2023	IBRD-75140	Int Charges	619,199.90
Aug 1, 2016	IBRD-72220	Int Charges	789,517.44
Aug 1, 2016	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2017	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2017	IBRD-72220	Int Charges	902,522.75
Aug 1, 2017	IBRD-75140	Int Charges	237,801.66
Aug 1, 2017	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2018	IBRD-75140	Int Charges	252,724.06
Feb 1, 2018	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2018	IBRD-72220	Int Charges	852,366.94
Feb 1, 2018	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2018	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2018	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2018	IBRD-72220	Int Charges	932,606.80
Aug 1, 2018	IBRD-75140	Int Charges	324,457.53
Feb 1, 2019	IBRD-72220	Int Charges	988,712.20
Feb 1, 2019	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2019	IBRD-75140	Int Charges	410,742.90
Feb 1, 2019	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2019	IBRD-72220	Int Charges	855,616.44
Aug 1, 2019	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2020	IBRD-72220	Int Charges	519,338.10
Feb 1, 2020	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2020	IBRD-75140	Int Charges	338,326.10
Aug 1, 2013	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2013	IBRD-72220	Int Charges	808,194.94
Feb 1, 2014	IBRD-75140	Int Charges	90,010.72
Feb 1, 2014	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2013	IBRD-75140	Int Charges	104,404.66
Aug 1, 2013	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2014	IBRD-72220	Int Charges	695,300.90
Feb 1, 2014	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2014	IBRD-75140	Int Charges	75,171.35
Aug 1, 2014	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2014	IBRD-72220	Int Charges	579,387.70
Aug 1, 2014	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2015	IBRD-75140	Int Charges	72,906.68
Feb 1, 2015	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2015	IBRD-72220	Int Charges	537,593.44
Feb 1, 2015	IBRD-72220	Loan Repay	13,970,383.00
Aug 1, 2015	IBRD-75140	Int Charges	75,733.54
Aug 1, 2015	IBRD-75140	Loan Repay	798,675.60
Aug 1, 2015	IBRD-72220	Int Charges	513,335.16
Aug 1, 2015	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2016	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2016	IBRD-72220	Int Charges	572,376.20
Feb 1, 2016	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2016	IBRD-75140	Int Charges	97,358.56
Aug 1, 2016	IBRD-75140	Int Charges	163,448.08
Aug 1, 2016	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2017	IBRD-75140	Int Charges	200,105.52
Feb 1, 2017	IBRD-75140	Loan Repay	798,675.60
Feb 1, 2017	IBRD-72220	Loan Repay	13,970,383.00
Feb 1, 2017	IBRD-72220	Int Charges	859,299.90

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Overall Safeguards Rating	Satisfactory	2009-01-11
Overall Implementation Progress (IP)	Satisfactory	2009-01-11
Counterpart Funding	Highly Satisfactory	2009-01-11
Procurement	Satisfactory	2009-01-11
Project Management	Satisfactory	2009-01-11
Progress towards achievement of PDO	Highly Satisfactory	2009-01-11
Financial Management	Satisfactory	2009-01-11
Monitoring and Evaluation	Satisfactory	2009-01-11

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-27-2009
Outcomes	Highly Satisfactory
Risk to Development Outcome	Modest
Bank Performance	Highly Satisfactory
Borrower Performance	Substantial
Government Performance	Highly Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 04-19-2010	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Highly Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Substantial	N/a

Results Framework