Offers for the second phase of implementing schools in partnership between the public and private sectors is set to take place within two weeks, according to Ater Hanoura, head of the Ministry of Finance’s Private Sector Partnership Unit.
The offering to competitors is scheduled to take place in accordance with the ready lands whose licences have been finalised, and will cover most of Egypt’s governorates. The final tally of schools at this stage is expected to reach 70.
Using an usufruct system, the investor will grants plots of land on which to build schools, with the licences valid for a period ranging between 25 and 30 years. The schools, which will be under the Ministry of Education’s supervision, will be open to middle-income families, and are set to provide a high-end educational service.
Amendments have also been made regarding the management of the second phase offering. Under Phase 2, there will no longer be a set limit on the number of schools that can be established.
In the project’s first phase, there was a cap of 12 schools that could be implemented by a single alliance or company. This was provided that the assignment took place within six months from the date of choosing the implementing alliances.
In the first phase, 50 schools each were assigned to the Middle East Educational Services companies, the Egyptian-Saudi Alliance, the Al-Ratiq Group, Al-Jazeera Academy, and Nasr Abdul Ghafoor Educational Schools.
Hanoura stated that partnership projects with the private sector continue and have not stopped despite the spread of the novel coronavirus (COVID-19).