In light of Egypt’s economic landscape, the construction sector has emerged as a powerhouse, a dynamic force steering the nation toward economic growth. Over the last three years, infrastructure development has become a key growth engine, propelling economic prosperity, shaping the nation’s economic conditions, and a catalyst for job creation. The sector was arguably the country’s saving grace during the global economic downturn of the pandemic and has, of course, attracted significant investment from the GCC. Indeed, total inbound investment from the GCC has topped $115 billion over the last three years.
Egypt’s government has nurtured and fostered the resurgence of the construction sector, and its evolution is a central component of its Sustainable Development 2030 Vision. The goal of the 2030 vision revolves around a commitment to modernisation, resolving urban congestion, and adopting more sustainable urban development practices.