The publisher expects the Egyptian construction industry to expand by 8.4% in real terms in 2024, supported by investment in infrastructure, housing and renewable energy projects. The expansion in construction activity was supported by a rise in foreign direct investment (FDI), with the General Authority for Investment and Free Zones (GAFI) reporting that FDI inflows in the financial year 2022/2023 (FY2022/2023) totalled EGP236.8 billion ($10 billion), a 10% increase from the EGP210.7 billion ($8.9 billion) recorded in FY2021/2022. With the government aiming to attract EGP284.1 billion ($12 billion) of FDI during FY2023/2024, a 20% YoY growth, construction industry activity is expected to remain robust in 2024. Under the Initial Public Offering (IPO) initiative, the Egyptian government plans to raise EGP118.4 billion ($5 billion) by June 2024 through the sale of state-owned firms to strategic investors. As of January 2024, the country had generated EGP82.9 billion ($3.5 billion) under the initiative, according to the Ministry of Finance.
The industry’s output is expected to record an annual average growth of 9.4% between 2025 and 2028, supported by investment in rail transport, renewable power, housing, and green hydrogen infrastructure projects. An eight-directional economic strategy was introduced in January 2024 and is focused on the development of several economic sectors in the country between 2024 and 2030. Under the strategy, the government plans to increase the contribution of agriculture, industry and the telecom & IT sectors to GDP to a combined 50% by 2030. The government also aims to attract EGP32 trillion ($668.8 billion) of investment from by 2030, of which FDI will account for EGP2.4 trillion ($50.2 billion).
The industry’s output is expected to record an annual average growth of 9.4% between 2025 and 2028, supported by investment in rail transport, renewable power, housing, and green hydrogen infrastructure projects. An eight-directional economic strategy was introduced in January 2024 and is focused on the development of several economic sectors in the country between 2024 and 2030. Under the strategy, the government plans to increase the contribution of agriculture, industry and the telecom & IT sectors to GDP to a combined 50% by 2030. The government also aims to attract EGP32 trillion ($668.8 billion) of investment from by 2030, of which FDI will account for EGP2.4 trillion ($50.2 billion).
The Construction in Egypt - Key Trends and Opportunities to 2028 report provides detailed market analysis, information and insights into the Egyptian construction industry, including -
- The Egyptian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Egyptian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
- This report provides a comprehensive analysis of the construction industry in Egypt. It provides -
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Egypt, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the publisher's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
- - Outlook
- - Latest news and developments
- - Construction Projects Momentum Index
- - Outlook
- - Project analytics
- - Latest news and developments
- - Outlook
- - Project analytics
- - Latest news and developments
- - Outlook
- - Project analytics
- - Latest news and developments
- - Outlook
- - Project analytics
- - Latest news and developments
- - Outlook
- - Project analytics
- - Latest news and developments
- - Outlook
- - Project analytics
- - Latest news and developments
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
- About the Publisher
- Contact the Publisher
Table 1: Construction Industry Key Data
Table 2: Egypt, Key Economic Indicators
Table 3: Egypt, Commercial Construction Output by Project Type (Real % Change), 2019-28
Table 4: Egypt, Top Commercial Construction Projects by Value
Table 5: Egypt, Industrial Construction Output by Project Type (Real % Change), 2019-28
Table 6: Egypt, Top Industrial Construction Projects by Value
Table 7: Egypt, Infrastructure Construction Output by Project Type (Real % Change), 2019-28
Table 8: Egypt, Top Infrastructure Construction Projects by Value
Table 9: Egypt, Energy and Utilities Construction Output by Project Type (Real % Change), 2019-28
Table 10: Egypt, Top Energy and Utilities Construction Projects by Value
Table 11: Egypt, Institutional Construction Output by Project Type (Real % Change), 2019-28
Table 12: Egypt, Top Institutional Construction Projects by Value
Table 13: Egypt, Residential Construction Output by Project Type (Real % Change), 2019-28
Table 14: Egypt, Top Residential Construction Projects by Value
Table 15: Egypt, Key Contractors
Table 16: Egypt, Key Consultants
Table 17: Egypt, Construction Output Value (Real, $ Million)
Table 18: Egypt, Construction Output Value (Nominal, EGP Billion)
Table 19: The Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: Middle East and North Africa, Construction Output (Real % Change), 2022-28
Figure 2: Egypt, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Egypt, Risk Summary
Figure 4: Egypt, Risk Regional Comparison
Figure 5: Egypt, Construction Output Value (Real, $ Million, 2017 Prices and Exchange Rate), 2019-28
Figure 6: Egypt, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Egypt, Construction Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 8: Egypt, Construction Projects Momentum Index
Figure 9: Middle East and North Africa, Construction Projects Momentum Index
Figure 10: Egypt, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 11: Egypt, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 12: Egypt, Accommodation and Restaurants Services Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 13: Egypt, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 14: Egypt, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 15: Egypt, Manufacturing Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 16: Egypt Manufacturing and Extractive Production Value Index (2007=100)
Figure 17: Egypt, Total Export Value ($ Million)
Figure 18: Egypt, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 19: Egypt, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 20: Egypt, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 21: Egypt, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Egypt, Electricity, Gas, and Water Services Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 23: Egypt, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 24: Egypt, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 25: Egypt, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 26: Egypt, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Egypt, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 28: Egypt, Headquarters of Key Consultants (% of Total Project Pipeline)
