During the review period (2009−2013), the Egyptian construction industry increased in value at a compound annual growth rate (CAGR) of 13.78%. This was supported by public and private investments in Egyptian infrastructural and commercial construction projects.
Egypt Construction Market to grow at a CAGR of 14.50% to 2018
1. CONSTRUCTION IN EGYPT – KEY TRENDS AND OPPORTUNITIES TO 2018
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2. Construction in Egypt – Key Trends and Opportunities to 2018
Synopsis
This report provides detailed market analysis, information and insights into the Egyptian construction industry including:
The Egyptian construction industry’s growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type within Egypt
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the
Egyptian construction industry
Profiles of leading operators in the Egyptian construction industry
Data highlights of the largest construction projects in Egypt
Summary
During the review period (2009−2013), the Egyptian construction industry increased in value at a compound annual growth rate
(CAGR) of 13.78%. This was supported by public and private investments in Egyptian infrastructural and commercial construction
projects. The participation of the private sector through public-private partnerships (PPPs) has also helped to support construction
activities in the country. Political and social uncertainties, however, are expected to lead to comparatively moderate growth rates over
the forecast period (2014−2018), compared to the review period. Moreover, the industry’s output growth rate is expected to remain
in the range of 13% to 15% over the forecast period, owing to high inflation rates. Complete report available at
http://www.rnrmarketresearch.com/construction-in-egypt-key-trends-and-opportunities-to-2018-market-report.html .
3. Scope
This report provides a comprehensive analysis of the construction industry in Egypt. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Egypt using construction output and value-
add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and
demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Egypt
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Construction in Egypt – Key Trends and Opportunities to 2018
4. Key highlights
Construction is one of the most important industries in the Egyptian economy, contributing 7% to the country’s
GDP. Egypt’s construction industry registered low growth during the period of political turmoil in the country.
According to the Central Bank of Egypt (CBE), the construction industry’s output (in real terms) rose by only 2.9%
in 2011−2012 and 4.9% in 2012−2013. Owing to political and social turbulence, deterioration in the business
environment and high unemployment rates, the construction industry is expected to remain weak in the short
term. However, overall outlook for construction in Egypt over the forecast period remains positive.
Industrial construction will be supported by various refinery building projects. Egypt is the largest oil refinery
center in Africa, with a combined processing capacity of 975,000 barrels per day (bpd) across 10 refineries. The
government has plans to increase production of lighter products, petrochemicals and higher-octane gasoline by
expanding and upgrading existing facilities and encouraging new projects. Plans to expand the country’s combined
processing capacity by over 600,000 bpd by 2016 are expected to support and sustain the refinery building
construction category over the forecast period. Moreover, in a bid to increase the country’s annual fuel output,
the Egyptian Minister of Petroleum announced its plan to invest US$18 million until 2017, in order to construct
new refineries and modify existing refineries.
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Construction in Egypt – Key Trends and Opportunities to 2018
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