Egypt Construction Articles & Analysis

Chapter | Construction from The Report: Egypt 2017

As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls proliferate throughout the city, it is clear that after several years of uncertainty Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the expansion of the Cairo metro and water treatment...

While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.

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To what extent is the growth of the sector dependent on government spending?

 

As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls sprout up all over the city, it is clear that after several years of fits and starts Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the...

 

Egypt established a public-private partnership (PPP) Central Unit at the Ministry of Finance in 2006 as part of a new long-term government policy of pursuing partnerships with the private sector “to provide a new source of investment capital and financing required infrastructure projects, reduce the government of Egypt’s sovereign borrowing...

 

Egypt is beginning the task of boosting GDP growth and creating job opportunities for its rapidly expanding population. Construction has traditionally been one of the most labour-intensive sectors in the country. However, a December 2015 study by the Egyptian Centre for Economic Studies (ECES) found that while the industry is an important...

 

In 2016 a variety of factors contributed to price fluctuations in the normally stable cement industry. Although some variability remains, industry experts predict a return to stable growth in the long term.

While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.