Egypt: Construction contracts worth $23.55bln expected to be awarded in 2023

Construction contracts worth $23.55 billion are expected to be awarded in Egypt in 2023, according to Ventures Onsite, a construction projects intelligence platform.

The projects awarded till date amount to $16.5 billion with buildings and infrastructure sector expected to see a good jump in 2024, according to the platform.

Speaking at the Egypt Construction sector webinar held on Wednesday, Phillip Higgins, Director of Sales Lead Management, Ventures Onsite listed out the major projects announced, top clients who announced and awarded major projects, and top contractors who won projects in 2023.