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(HomeGarden247.com, November 18, 2017 ) In real terms, the Egyptian construction industry's output grew by 10.3% in 2016, following an average annual growth of 5.3% during the preceding four years. This increase can be attributed to public and private sector investment in infrastructure and residential construction projects, leading to an increase in demand for the Egyptian construction industry.
For more information about this report: http://www.reportsweb.com/construction-in-egypt-key-trends-and-opportunities-to-2021
The construction industry is expected to continue to expand strongly over the forecast period (2017-2021), with investments in infrastructure, residential and energy projects continuing to drive growth. According to Publisher, the focus on the development of transport infrastructure and the construction of affordable housing units will be key growth drivers. In 2016, China announced plans to invest EGP152.3 billion (US$15.0 billion) to develop infrastructure in Egypt. Plans to increase the country's energy production are also expected to support investments in energy infrastructure projects over the forecast period.
In a bid to promote sustainable economic growth and attract new investments, Egypt's parliament approved the New Investment Law in May 2017. Under this new law, the government will provide tax incentives and guarantees, liberalize the foreign exchange system and adopt comprehensive value added tax (VAT) systems to attract more domestic and foreign investment into the country. The move is expected to increase the pace of foreign investment, aiding the growth of the construction industry over the forecast period.
Publisher expects industry output to record a compound annual growth rate (CAGR) of 8.03% in real terms over the forecast period, compared to 7.45% during the review period (2012-2016). However, political uncertainty and a high budget deficit present major downside risks to the forecast.
Publisher's Construction in Egypt-Key Trends and Opportunities to 2021 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, and the risks and opportunities they present to participants in the Egyptian construction industry -Profiles of the leading operators in the Egyptian construction industry
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This report provides a comprehensive analysis of the construction industry in Egypt. It provides: -Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Egypt using construction output and value-add methods -Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector -Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) -Detailed profiles of the leading construction companies in Egypt -Identify and evaluate market opportunities using 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 Publisher's critical and actionable insight. -Assess business risks, including cost, regulatory and competitive pressures. -Evaluate competitive risk and success factors.
Companies Mentioned: Madinet Nasr for Housing and Development The Arab Contractors Osman Ahmed Osman & Co Engineering Consultants Group SA Dorra Group Hassan Allam Holding
Table of Contents 1 Executive Summary 2 Industry Outlook 2.1 Commercial Construction 2.2 Industrial Construction 2.3 Infrastructure Construction 2.4 Energy and Utilities Construction 2.5 Institutional Construction 2.6 Residential Construction 3 Key Issues and Developments
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Source: EmailWire.Com
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