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Egypt Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028

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    Report

  • 42 Pages
  • June 2024
  • Region: Egypt
  • GlobalData
  • ID: 5782614

The Construction in Egypt - Key Trends and Opportunities to 2028 (Q2 2024) 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 construction industry in Egypt is expected to grow by 4.2% in real terms in 2024, supported by public and private investments in commercial, transportation, and renewable energy projects. In March 2024, the government announced the Fiscal Year (FY) 2024/25 (July 2024 to June 2025) draft budget.; It includes a capital expenditure of EGP3.9 trillion ($92.2 billion), which is an increase of 30% compared with the previous budget. Of the total, EGP1 trillion ($23.6 billion) is allocated to the infrastructure sector, EGP858 billion ($20.3 billion) to the education sector, and EGP497 billion ($11.8 billion) to the health sector. Also in March 2024, the General Authority for Investment and Free Zones (GAFI) reported it had issued licenses to six projects with a total investment of EGP5.6 billion ($132.4 million) for the construction of factory, warehouse, hotel, and residential buildings.

The industry’s output is expected to record an annual average growth of 8.7% between 2025 and 2028, supported by investment in transport, renewable power, housing, and green hydrogen infrastructure projects, coupled with the government’s plan to develop new specialized economic zones and increase the number of industrial complexes from 17 in 2023 to 32 in 2030. Among recent developments, Turkish contracting firm Dogus signed a memorandum of understanding (MoU) with the Egyptian government, in March 2024, to develop an industrial and logistics zone in Gargoub Port, with an investment of EGP296.2 billion ($7 billion). Construction of the project is expected to start in 2026. Growth will also be supported by the government's goal of building 38 smart cities by 2050.

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 analyst'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 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-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
4.2 Commercial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.3 Industrial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.4 Infrastructure Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.5 Energy and Utilities Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.6 Institutional Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.7 Residential Construction
  • Outlook
  • Project analytics
  • Latest news and developments
5 Key Industry Participants
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 Analyst
  • Contact the Publisher
List of Tables
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 analyst 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, 2022 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 Food 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 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, Education and Health Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 26: Egypt, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 27: Egypt, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 28: Egypt, Real Estate Activities Value Add (EGP Million, 2021-2022 Constant Prices)
Figure 29: Egypt, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 30: Egypt, Headquarters of Key Consultants (% of Total Project Pipeline)