Ahmad 
Egypt has allocated an estimated 7.5 million square meters of government-owned space in the northwest coast area of Matrouh Governorate for the construction of a new international airport.
Egyptian President Abdel Fattah El-Sisi issued Decree No. 152 of 2024 allocating an area of approximately 1785.35 acres, equivalent to about 7.5 million square meters of state-owned areas privately owned on the northwest coast of Matrouh Governorate, for the benefit of the Ministry of Civil Aviation, to be used in establishing an international airport, in accordance with the rules and laws in force in this regard.
This decision came within the Ras El Hikma project, which is the largest direct investment transaction in the history of Egypt, through an investment partnership, between the Ministry of Housing, Utilities and Urban Communities, represented by the New Urban Communities Authority, and the UAE Holding Company (ADQ).
Egypt aims to make Ras El Hekma a global tourist destination, in line with the vision for the development of Egypt’s northwest coast region.
It is noteworthy that the Egyptian Council of Ministers approved last April the allocation of two plots of land on the North Coast, Matrouh Governorate, in favor of the Ministry of Civil Aviation, to be used in the establishment of an international airport (Ras Al-Hikma International Airport).
The Egyptian Cabinet also approved a draft decision to establish a special free zone under the name of “Ras El Hikma Urban Development Project Company” and to establish an investment zone in Ras El Hikma City.
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