DON'T MISS OUT – EGYPT’S CONSTRUCTION INDUSTRY IS BOOMING
According to the BNC Project Intelligence Database, there is approximately USD 473 billion worth of active projects in North Africa, majority of which come from Egypt. This report gives an overview of theconstruction activities in North Africa, focusing on Algeria, Egypt, Morocco, Sudan and Tunisia. The report excludes Libya due to the continual political unrest, which is affecting project investments in the country.
Egypt is the main contributor of project investments in the region. The Egyptian government is on a path toward economic adjustment and reform with the aim of creating long-term stability and growth.
Population growth and high urbanization rates are resulting in greater economic and social inequalities in the region. North African countries have been investing in infrastructure and upgrading urban settlements which have resulted in better living standards than in other parts of the continent. Cairo, which has nearly 19 million people making it the largest city in North Africa.
Source: BNC North Africa Report