How do construction projects help to promote growth in the broader domestic economy?
Egypt
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Interviews & Viewpoints | Ahmed Zaki Abdeen, Chairman, New Administrative Capital for Urban Development: Interview from The Report: Egypt 2019
gallery | Modern and high-end development central to Egypt's new cities model from The Report: Egypt 2019
PROJECT: Cairo Festival City LOCATION: New Cairo VALUE: LE30bn ($1.7bn) DEVELOPER: Al Futtaim Real Estate Group DESCRIPTION: Spanning over 3m sq metres of land, Cairo Festival City is a mixed-use urban community that includes shopping, residential and office space.
Interviews & Viewpoints | Hassan Allam, CEO, Hassan Allam Holding: Interview from The Report: Egypt 2019
What role have large-scale infrastructure projects played in building knowledge and capacity in the construction sector?
Articles & Analysis | Population growth, new cities model and strong fundamentals buoy development of Egyptian real estate from The Report: Egypt 2019
Although the devaluation of the Egyptian pound in late 2016 pushed inflation upwards, strong longterm economic fundamentals have maintained interest in the real estate sector. On the other side of the spectrum, real estate developers have been able to adapt their offers to the new needs of Egyptian buyers, and have progressed with ongoing...
Articles & Analysis | Public and private developers in Egypt aim to make the real estate accessible from The Report: Egypt 2019
One of Egypt’s biggest challenges is the lack of adequate housing for its rapidly growing population. Two key issues are perpetuating this: the insufficient volume of affordable housing units for lower-income residents; and the increased presence of informal or self-built units in most major cities. Paradoxically, real estate continues to be a...
Articles & Analysis | Investments in Egypt's large-scale infrastructure build medium-term confidence from The Report: Egypt 2019
Several years of instability have brought difficulties for Egypt’s economy, although the impact has varied across sectors. However, the country is experiencing a recovery, with the IMF estimating that GDP will increase by 5.5% in 2019, up from 5.3% in 2018.