Located at a crossroads between Africa, Asia and Europe, Egypt remains one of the world’s most strategically important countries, as it has been for millennia. Egypt has the third-largest GDP in the Arab world, after oil-rich Saudi Arabia and the UAE. It is considerably more diversified than many economies in the region, with manufacturing and agriculture key contributors, making up 14.5% and 15.7% of GDP, respectively, according to the Central Bank of Egypt, as well as oil and gas extraction.

 

The Middle East provides a key shining light where the Region’s construction market recovery is well underway, with capital raised in the first half of 2012 increasing by about 200% compared to the same period in 2011. Despite the recent downturn in the region due to the wave of political uprisings known as the Arab Spring swept across the Middle East and North Africa (MENA) region, the fundamentals for the construction market remain strong, and analysts are confident that fenestration demand will rebound in the medium - long term; The supply-demand imbalance between finished products output and apparent consumption in the Middle East & North Africa (MENA) region is expected to widen in the next few years.

Egypt's rapidly growing building and construction sector is expected to attract investments of around USD 7.3 billion by 2016. The sector continues to uplift related industries such as cement, iron, furniture and electricity and has emerged as one of the country's top revenue generators. Non-residential construction will continue to dominate the industry and comprise up to USD 6.7 billion, with residential projects to account for USD 606 million.

Make your decision now  and invest the booming in Egyptian infrastructure business and  book your stand in Infra Africa & Middle East Show 2017

Construction activity in East Africa, according to analysts, has seen an increase of over 13% compound annual growth rate between 2009 and 2013. The broad sectoral shares of projects include the largest share of infrastructure projects (59% as of 2014), followed by energy and power accounting for 37% of the total. Construction activity in the transportation sector also grew by 17%.**
The number of mega construction projects in East Africa (excluding Mozambique) grew 12% from US$ 60,671 million to US$ 67,688 million in 2013.

* Source: Ernst and Young Africa Attractiveness Survey in 2014
** Source: Deloitte study

According to a report; The 2016 Jones Lang LaSalle (JLL) City Momentum Index (CMI) Nairobi is currently ranked position one in Sub-Saharan Africa and 11 globally among cities spurring technology and real estate development having an aim of being Africa’s leading country in socio-economic growth.
Rise of the middle class in Kenya has lead to increased construction on luxury residential apartments such as the Lenana Gardens in Ngong Hills Forest. This multimillion dollar project will comprise of 216 apartments, an amazing view of the Ngong Forest and the Ngong Hills in Kenya.
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A Glimpse of Nairobi

Nairobi- A Time lapse Portrait from xixo collective on Vimeo.

Experience the beauty of Nairobi through the xi-xo perspective. A lapse in the time sphere here, and a fast forward of the usual bustle there. Welcome to The City that never ceases to astound.

Kenya infrastructure development program

Kenya will receive up to US$284.75 million from France for infrastructure development.

Mitsumi diversifies into hospitality industry

The 94-room Golden Tulip located in Westlands will be run by Louvre Hotels Group as Mitsumi seeks to cash in on the growing business hotel segment in Kenya.

Construction of luxurious hotel in Nairobi underway

A major luxurious hotel in Kenyan capital Nairobi  is being constructed by Best Western Plus Creekside Hotel and managed by French group AccorHotels. The Pullman Hotel will is expected to be completed in 2017.

 
Inventory of major construction projects in Kenya

The inventory of major construction projects in Kenya is produced by Construction Business Review to assist firms in identifying potential opportunities.

Other East African Projects

		The Ethiopian government has embarked on an ambitious Growth and Transformation Plan which is likely to provide opportunities to contractors worth US$ 20 billion annually.
		Mozambique has 18 large infrastructure development projects valued at more than US$ 24 billion under construction.
		In Uganda, the country's first oil refinery, a US$ 2.5 billion project is underway to produce 60,000 barrels a day