The Egyptian construction industry is expected to grow by 2.1% in real terms in 2026, supported by increased tourism activity, rising foreign direct investment (FDI) in the country, and private investments in the industrial sector. According to the Egyptian government, the country’s tourism sector contribution in country’s GDP is expected to rise from approximately 3.7% in fiscal year (FY) 2024-25 (from July 2024 to June 2025) to 8.4% in FY2034-35, driven by a noticeable rise in tourism revenues. Egypt is aiming to attract 30 million international tourists annually by 2030, an increase from approximately 19 million in 2025, and generate EGP76.4 trillion ($1.5 trillion) in tourism revenue by FY2028-29, an increase from approximately EGP733.8 million ($14.4 billion) during FY2023-24. Furthermore, Egypt is planning to attract EGP3.1 trillion ($60 billion) in FDI by 2030 to position itself as a leading FDI destination in Africa. Key investments are targeted at manufacturing, renewable energy, and infrastructure projects. By the end of 2026, Egypt also plans to drill 100 exploratory oil and gas wells to enhance domestic production, as part of a EGP290.5 billion ($5.7 billion), five-year plan to drill 480 exploratory wells by 2030.
Over the remainder of the forecast period, the Egyptian construction industry is expected to register an annual average growth of 6.5% between 2027 and 2030, supported by investments in transport infrastructure, renewable energy and industrial projects. Growth will also be driven by the government’s plan to increase the renewable energy’s share in its total energy mix to over 45% by 2030 and 60% by 2040, from approximately 12% in 2024. Among recent developments, in April 2026, Dutch renewable energy developer Infinity Power revealed its intention to secure financing support from the European Bank for Reconstruction and Development (EBRD) for the construction of a 1GW Nefer Menya hybrid project in the Menya Governorate. Scheduled for completion in 2027, the project will also feature a 600MWh battery energy storage system (BESS) facility. Furthermore, in April 2026, the EBRD approved an EGP3.3 billion ($65 million) loan to local renewable energy investment company Hassan Allam Utilities (HAU) Energy to develop a 200MW solar photovoltaic (PV) plant co-located with a 120MWh BESS in Benban. Additionally, in April 2026, construction began on an EGP5.1 billion ($100 million) dry port project in 10th of Ramadan City. The port facility, which will be developed on a 189,000m² site, will have an annual capacity of 400,000 twenty-foot equivalent units (TEU). Construction is expected to be completed in 2027.
Over the remainder of the forecast period, the Egyptian construction industry is expected to register an annual average growth of 6.5% between 2027 and 2030, supported by investments in transport infrastructure, renewable energy and industrial projects. Growth will also be driven by the government’s plan to increase the renewable energy’s share in its total energy mix to over 45% by 2030 and 60% by 2040, from approximately 12% in 2024. Among recent developments, in April 2026, Dutch renewable energy developer Infinity Power revealed its intention to secure financing support from the European Bank for Reconstruction and Development (EBRD) for the construction of a 1GW Nefer Menya hybrid project in the Menya Governorate. Scheduled for completion in 2027, the project will also feature a 600MWh battery energy storage system (BESS) facility. Furthermore, in April 2026, the EBRD approved an EGP3.3 billion ($65 million) loan to local renewable energy investment company Hassan Allam Utilities (HAU) Energy to develop a 200MW solar photovoltaic (PV) plant co-located with a 120MWh BESS in Benban. Additionally, in April 2026, construction began on an EGP5.1 billion ($100 million) dry port project in 10th of Ramadan City. The port facility, which will be developed on a 189,000m² site, will have an annual capacity of 400,000 twenty-foot equivalent units (TEU). Construction is expected to be completed in 2027.
The Construction in Egypt - Key Trends and Opportunities to 2030 (Q2 2026) 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 (2021-2025) and forecast (2026-2030) 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 our 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 business strategies using the analyst'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-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
