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Egypt's construction sector shows remarkable momentum with $37.8 billion in total awards, heavily concentrated in the buildings sector at $31.9 billion. This concentration reflects the nation's urgent need for housing and commercial development to support its large and growing population. Power & water infrastructure captures $2.7 billion as the country works to enhance utility capacity, while industrial ($1.6 billion), oil & gas ($892 million), and infrastructure ($690 million) sectors remain relatively modest, suggesting opportunities for future diversification.
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The construction project market in Egypt is on the brink of an unprecedented growth spurt. Foreign investment from the Middle East & IMF, attractive lending rates along with an increasing requirement for infrastructure for the growing population have given a much-needed boost to the economy. There are over $675 Billion Worth of active projects in Egypt and mega projects in Egypt in the pipeline.
Construction in the Arab nation will be booming in the coming years, according to data from leading project tracking platform Ventures Onsite. Contract awards are expected to jump 18 percent over a two-year span and reach $23.5 billion - with building projects as highest valued at $9.7 billion followed by industrial ($5 billion) and infrastructure works ($2.7 billion).
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