Egypt Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (Q1 2025)

The Construction in Egypt - Key Trends and Opportunities to 2029 (Q1 2025) 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.

The analyst expects the Egyptian construction industry to grow by 6.5% in real terms in 2025, supported by investment in oil and gas, industrial and housing construction projects. According to the Central Bank of Egypt (CBE), the country’s average construction production index grew by 5.8% year on year (YoY) in the first ten months of 2024, preceded by annual decline of 10.9% in 2023. The authority of Suez Canal Economic Zone (SCZone) revealed that it has attracted and secured 251 projects totaling EGP275.4 billion ($6.2 billion) from August 2022 to January 2025. In January 2025, four new projects were signed with a total investment of EGP81.3 billion ($1.8 billion). Additionally, in January 2025, Minister of Housing, Utilities, and Urban Communities, revealed that 757 water supply and sanitation project and road projects spanning 485km are under construction with a total investment of EGP36.4 billion ($823.4 million), accompanied with another 142 telecommunication projects totaling EGP2.2 billion ($48.8 million). In January 2025, domestic energy company Shell Egypt started the drilling of three gas wells at a cost of EGP10.2 billion ($230 million) in Mediterranean Sea to add 150 million cubic feet of gas per day by the end of 2025.

The construction industry's output is expected to register an annual average growth rate of 8% between 2026 and 2029, supported by investment in commercial, renewable energy, and transport infrastructure projects, coupled with the government’s target of developing 10GW of renewable energy projects by 2028 under the Nexus of Water, Food, and Energy Program (NWFE Program). The government reported that it signed an agreement with the Dubai-based energy investor Alcazar Energy Partners (AEP) in November 2024 for the development of 2GW of wind power projects in Egypt, in line with the energy target. Also, in December 2024, Emirati investment firm, Kazar announced its plan to invest EGP110.5 billion ($2.5 billion) to construct the 2GW solar and 1.1GW wind energy in Zafarana region, whose construction is anticipated to start in 2026. Growth over the forecast period will also be supported by the government's plans to develop 32 hydrogen plants, with a combined investment of EGP5.4 trillion ($228.1 billion) by 2030. To support this, in December 2024, SCZone revealed that it has finalized 12 agreements that will produce a combined 18 million tons of green hydrogen annually by 2030, with another project being planned with an investment of EGP331.5 billion ($7.5 billion) and a projected output of 1.3 million tons per year. Output over the forecast period will also be supported by the government’s plan to construct 672,000 housing units by 2030, with an investment of EGP318 billion ($13.4 billion) to tackle housing shortages due to the rapid increase in population and make the country slum-free by 2030.

Scope

This report provides a comprehensive analysis of the construction industry in Egypt. It provides:

• Historical (2020-2024) and forecast (2025-2029) 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