Discover some of the largest infrastructure projects in Egypt and the potential they offer. Learn about the factors driving the industry.
Top 5 Hospital Construction Projects in Africa
Learn about some of the largest hospital construction projects in Africa driving healthcare infrastructure development.
Construction Projects in Egypt: Upcoming Mixed-Use Projects Redefining the Cityscape
Explore the booming construction projects in Egypt, particularly in Cairo. Discover the exciting developments reshaping the city’s landscape.
Market Snapshot: The Egyptian construction sector
Explore the booming construction projects in Egypt and discover the massive economic growth the country has experienced in recent years.
New Mines In North Africa
New mines in North Africa account for 62% of Industrial activity, which totals $14 billion in active projects. Algeria is North Africa’s busiest market for new mining and industrial projects. The North African country has almost 50% or $7 billion of new industrial and mining projects. Egypt is in second place, with 44% of the active mining and industrial projects.
Egypt is investing $1.8 Billion in new hospitals
Egypt leads North Africa with more than 60% of the new hospital projects. Egypt’s population exceeds 108 million, or 42% of North Africa’s total population. Egypt’s population growth rate is also the highest in North Africa. Investing in healthcare is a primary focus for the Egyptian government.
Is Egypt open for business or is foreign investment scuppered?
Egypt is most certainly open for foreign investment. As part of the country’s attempts to boost foreign investment, the Egyptian government recently announced that it has granted a special golden licence to foreign investments in specific industries.
The IFC has invested $15 million in Egypt’s Algebra Ventures’ Fund II
Algebra Ventures is Egypt’s leading technology venture capital firm. According to its website, it has invested over $300 million in its portfolio companies
Egypt leads Africa in the number and value of construction projects.
However, Egypt is already the most prominent construction market in Africa. The country is investing billions in housing and infrastructure developments. The value of ongoing and upcoming projects in Egypt exceeds $214 billion
Chinese funding dominated Africa’s project market in 2021
Despite disruptions of the COVID-19 pandemic, Africa started construction on more than $160 billion worth of projects in 2021. The Export-Import Bank of China is funding projects worth more than $15 billion that started construction work in 2021.
Egypt builds its energy system
EGYPT has more than $100 billion in power provision projects under study or in the planning stage, gearing the North African country to meet its energy requirements in the decades ahead.
Project Finance in a Nutshell
Project finance for large infrastructure is widely used in western developed countries. It represented more than $2 trillion of investments globally between 2003-2013; only around 3 per cent of this amount was dedicated to sub-Saharan Africa.
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