What are the biggest problems currently facing the domestic construction sector?
Egypt Construction
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Interviews & Viewpoints | OBG talks to Osama Bishai, Managing Director, Orascom Construction Industries (OCI) from The Report: Egypt 2012
Articles & Analysis | Bricks from straw: Construction materials are part of a larger story of price hikes from The Report: Egypt 2012
Demand was surprisingly buoyant for construction materials in Egypt in 2011. The revolution that began on January 25 of the year caused multiple delays and cast uncertainty on several major construction projects in the private sector, and across most areas of the economy new ventures were put on hold.
Economic update | Egypt: Building blocks
24 Jan 2012
Even amidst the ongoing unrest in Cairo and a sliding benchmark index, Egypt’s medium-term economic outlook has begun to offer improved prospects, particularly in light of increased activity in key industries. Recent strong demand, particularly for housing, along with growing infrastructure needs, is set to see a medium-term recovery in Egypt’s construction sector. While a slowdown in 2011 hindered progress and has negatively impacted capital flows, work is continuing on existing projects and major deals continue to be signed.