Egypt Construction

Displaying 49 - 54 of 77

As an exercise in getting a large-scale infrastructure project – and a massive industrial development – off the ground, it is probably unparalleled. An appeal to the Egyptian people to fund the widening and deepening of the Suez Canal was met with such enthusiasm that it took just eight working days to raise LE64bn ($9.1bn) – around LE4bn ($568m) more than was being sought....

In light of recent political and macroeconomic instability, housing has once again risen to the top of the policy agenda in many countries of North Africa and the Levant. Although the dynamics of local real estate markets and regulatory environments vary widely between Morocco in the west and Jordan in the east, persistent housing deficits, an affordability gap and under-...

Thanks to privatisation and a growing population, the construction industry in Egypt flourished in the years up to 2010 and many of the cement producers doubled their capacity in order to supply the demand. This changed drastically, however, after the January 25 revolution in 2011 partly, but not wholly, because of the revolution itself. Certainly there was a squeeze on...

Chapter | Construction & Real Estate from The Report: Egypt 2014

Like many sectors in the country, construction has had more than its fair share of challenges in recent years. Yet in spite of the downside risks, the prospects for the building industry have not been brighter for decades. Continuation of new cities around Cairo, complete with offices and shopping malls, plans for 1m new affordable homes in the social housing segment, the expansion of the Suez...

For millennia Egypt has been one of the most strategically important places on earth, and often one of its most culturally influential. Despite significant structural issues and the political instability of the past few years, it remains a country of great regional and global importance.

Hopes are rising that a $4bn project to widen the Suez Canal will provide Egypt with a boost in construction activity, while also significantly raising revenue in the longer term.

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