How will the development of upcoming new cities help solve Egypt’s housing deficit?
Egypt Construction
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Interviews & Viewpoints | Hassan Allam, CEO, Hassan Allam Holding: Interview from The Report: Egypt 2018
Interviews & Viewpoints | Ashraf Dowidar, CEO, ARDIC: Interview from The Report: Egypt 2018
Interviews & Viewpoints | Magued Sherif, CEO, Sixth of October for Development and Investment: Interview from The Report: Egypt 2018
Articles & Analysis | Egyptian government works to address the housing deficit from The Report: Egypt 2018
Egypt’s construction pipeline is stocked with a wide variety of projects, from highway expansion to hospitals and schools. However, a primary source of future contracts is likely to be the housing segment, as the government has committed to alleviating the country’s chronic and long-standing housing deficit. Furthermore, despite recent...
Chapter | Construction & Real Estate from The Report: Egypt 2018
Construction remains one of the most important contributors to the domestic economy. In 2016 the sector’s output increased by 10.3%, a significant uptick after growing at an average of 5.3% in the preceding four years. This growth trend was largely maintained in 2017, expanding by 7.3% in the first nine months of FY 2016/17. The Egyptian real estate market has proven itself remarkably...
As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.