Egypt Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecasts, 2022-2026
Description
Egypt Construction Market Size, Trend Analysis by Sector (Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential) and Forecasts, 2022-2026
Summary
GlobalData expects Egypt’s construction industry to expand by 4.3% in 2022, a relatively slow pace of growth compared to the average rate in recent years. This reflects headwinds caused by high energy and construction materials costs, supply chain disruption, and the devaluation of the Egyptian Pound. Assuming that there is an improvement in macroeconomic stability, growth in the industry is expected to pick up again from 2023, supported by investment in the transport, renewable energy, and housing sectors, as well as in major projects such as New Administrative Capital (NAC), New Alamein, and New Galala. In November 2022, Egypt's Suez Canal Economic Zone signed energy agreements and cooperation protocols worth EGP1.5 trillion ($83 billion) in the renewable energy sector, at the UN Conference of the Parties (COP27). Of the total, 20% is cash investment while the remaining 80% is technology transfer investment. At the COP27, the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement with Egypt’s Ministry of Electricity and Renewable Energy, Ministry of Environment, and the Ministry of International Cooperation, to support the country’s efforts to boost renewable energy and stimulate climate action, through the “Nexus on Water, Food and Energy (NFWE)” program. The AIIB reported that it will contribute to the energy pillar of the NFWE and mobilize at least EGP175.1 billion (USD10 billion) in investment, installing 10GW of solar and wind energy in the country by 2028.
Forecast-period growth in the industry will also be supported by the government’s focus on attracting foreign investment and enhancing the role of the private sector as a partner in various developments. In August 2022, the Central Bank of Egypt (CBE) reported that net Foreign Direct Investment (FDI) in Egypt rose by 53% year-on-year (YoY) in the first nine months of Financial Year (FY) 2021/2022 (July 2021 to March 2022), to reach EGP84.1 billion ($4.8 billion). Previously, in June 2022, the Minister of Finance reported that the government aims to attract EGP175.1 billion ($10 billion) in FDI annually in the next four years.
The report provides detailed market analysis, information and insights into Egypt’s construction industry, including -
This report provides a comprehensive analysis of the construction industry in Egypt. It provides -
Summary
GlobalData expects Egypt’s construction industry to expand by 4.3% in 2022, a relatively slow pace of growth compared to the average rate in recent years. This reflects headwinds caused by high energy and construction materials costs, supply chain disruption, and the devaluation of the Egyptian Pound. Assuming that there is an improvement in macroeconomic stability, growth in the industry is expected to pick up again from 2023, supported by investment in the transport, renewable energy, and housing sectors, as well as in major projects such as New Administrative Capital (NAC), New Alamein, and New Galala. In November 2022, Egypt's Suez Canal Economic Zone signed energy agreements and cooperation protocols worth EGP1.5 trillion ($83 billion) in the renewable energy sector, at the UN Conference of the Parties (COP27). Of the total, 20% is cash investment while the remaining 80% is technology transfer investment. At the COP27, the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement with Egypt’s Ministry of Electricity and Renewable Energy, Ministry of Environment, and the Ministry of International Cooperation, to support the country’s efforts to boost renewable energy and stimulate climate action, through the “Nexus on Water, Food and Energy (NFWE)” program. The AIIB reported that it will contribute to the energy pillar of the NFWE and mobilize at least EGP175.1 billion (USD10 billion) in investment, installing 10GW of solar and wind energy in the country by 2028.
Forecast-period growth in the industry will also be supported by the government’s focus on attracting foreign investment and enhancing the role of the private sector as a partner in various developments. In August 2022, the Central Bank of Egypt (CBE) reported that net Foreign Direct Investment (FDI) in Egypt rose by 53% year-on-year (YoY) in the first nine months of Financial Year (FY) 2021/2022 (July 2021 to March 2022), to reach EGP84.1 billion ($4.8 billion). Previously, in June 2022, the Minister of Finance reported that the government aims to attract EGP175.1 billion ($10 billion) in FDI annually in the next four years.
The report provides detailed market analysis, information and insights into Egypt’s construction industry, including -
- Egypt’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Egypt’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in Egypt. It provides -
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Egypt, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
45 Pages
- 1 Executive Summary
- 2 Construction Industry: At-a-Glance
- 3 Context
- 3.1 Economic Performance
- 3.2 Political Environment and Policy
- 3.3 Demographics
- 3.4 COVID-19 Status
- 3.5 Risk Profile
- 4 Construction Outlook
- 4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
- 5 Key Industry Participants
- 5.1 Contractors
- 5.2 Consultants
- 6 Construction Market Data
- 7 Appendix
- 7.1 What is this Report About?
- 7.2 Definitions
- 7.3 CRI Methodology
- 7.4 GlobalData Construction
- Contact Us
- List of Tables
- Table 1: Construction Industry Key Data
- Table 2: Egypt, Key Economic Indicators
- Table 3: Egypt, Commercial Construction Output by Project Type (Real % Change), 2017-26
- Table 4: Egypt, Top Commercial Construction Projects by Value
- Table 5: Egypt, Industrial Construction Output by Project Type (Real % Change), 2017-26
- Table 6: Egypt, Top Industrial Construction Projects by Value
- Table 7: Egypt, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
- Table 8: Egypt, Top Infrastructure Construction Projects by Value
- Table 9: Egypt, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
- Table 10: Egypt, Top Energy and Utilities Construction Projects by Value
- Table 11: Egypt, Institutional Construction Output by Project Type (Real % Change), 2017-26
- Table 12: Egypt, Top Institutional Construction Projects by Value
- Table 13: Egypt, Residential Construction Output by Project Type (Real % Change), 2017-26
- Table 14: Egypt, Top Residential Construction Projects by Value
- Table 15: Egypt, Key Contractors
- Table 16: Egypt, Key Consultants
- Table 17: Egypt, Construction Output Value (Real, $ Million)
- Table 18: Egypt, Construction Output Value (Nominal, EGP Billion)
- Table 19: GlobalData Construction Market Definitions
- Table 20: Risk Dimensions
- Table 21: Ratings, Scores and Definitions
- List of Figures
- Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2020-26
- Figure 2: Egypt, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
- Figure 3: Egypt, COVID-19 Confirmed Cases
- Figure 4: Egypt, Risk Summary
- Figure 5: Egypt, Risk Regional Comparison
- Figure 6: Egypt, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
- Figure 7: Egypt, Construction Output Value, by Sector (Real, $ Million), 2017-26
- Figure 8: Egypt, Construction Value Add (EGP Million, 2016-17 Base Prices)
- Figure 9: Egypt, Construction Projects Momentum Index
- Figure 10: Region, Construction Projects Momentum Index
- Figure 11: Egypt, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 12: Egypt, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 13: Egypt, Hotels and Restaurants Value Add (EGP Million, 2016-17 Base Prices)
- Figure 14: Egypt, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 15: Egypt, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 16: Egypt, Manufacturing Value Add (EGP Million, 2016-17 Base Prices)
- Figure 17: Egypt, Manufacturing and Extractive Production Value Index
- Figure 18: Egypt, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 19: Egypt, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 20: Egypt, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 21: Egypt, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 22: Egypt, Electricity Value Add (EGP Million, 2016-17 Base Prices)
- Figure 23: Egypt, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 24: Egypt, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 25: Egypt, Residential Construction Output by Project Type (Real, $ Million), 2017-26
- Figure 26: Egypt, Residential Construction Projects Pipeline, Value by Stage ($ Million)
- Figure 27: Egypt, Headquarters of Key Contractors (% of Total Project Pipeline)
- Figure 28: Egypt, Headquarters of Key Consultants (% of Total Project Pipeline)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
