Egypt’s construction and building sector is considered an engine for the economic growth of the country. The Egyptian government has set a strategic plan for urban development to be achieved by 2052. Under this plan, 44 new cities will be established across Egypt with an annual budget of $850 million. Currently, 24 new cities are under construction.
Updated 11/29/2023 8:45:00 AM
Egyptian exports of building materials hit $3.255 billion during the first five months of the current year.
Updated 6/19/2023 3:38:00 AM
Egypt’s exports of building materials rose 7.1% year on year (YoY) in 2022, Egyptian Minister of Trade and Industry Ahmed Samir said.
Updated 5/7/2023 9:27:00 AM