Covid Response Report

As the only country in the MENA region forecast to grow in 2020, the underlying demand driving the construction sector is set to continue thanks to the country’s strong demographic fundamentals and positive macroeconomic outlook. In tandem with this, the country’s overall fiscal and monetary response in combination of the successful completion of broad-based IMF-backed economic reforms have been widely cited internationally as having bolstered the county’s resilience in the face of challenging economic headwinds. This report focuses on how the construction sector as well as the wider economy have adapted to this new reality. Looking ahead, it tracks the progress of infrastructure development across Egypt with the inclusion of case studies from Egyptian multinational conglomerate, Hassan Allam Holding.