Construction Market Size and Overview 2021, Industry Share, Key Developments, Growth Strategies, Geographic Comparison and status, Challenges and Drivers till 2025-H.A.Construction (H.A.C), AL-AHLY Development, Palm Hills Developments

Construction Market by Component, Application, Services, and Region- Forecast to 2025

The Global Construction Market Research Report 2021-2025 published by Market Insights Reports is a significant source of keen information for business specialists. It furnishes the Construction business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Construction worth chain and its wholesaler examination. Construction Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Egypt Construction Market is estimated to grow at a CAGR of approximately 6% during the forecast period.

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Top Leading Companies of Construction Market are H.A.Construction (H.A.C), AL-AHLY Development, Palm Hills Developments, DORRA Group, Construction & Reconstruction Engineering Company, Energya- PTS, The Arab Contractors, Osman Group, GAMA Constructions, RAYA Holdings, General NILE Conpany, HORSE Engineering Works Alex S.A.E and others.

-Construction Market Analysis

-Industry News And Updates on Construction Market-

New Investment Law and Focus on Transportation, Energy boosts Egypts construction sector

In order to promote sustainable economic growth and attract new investments, Egypt's parliament approved the New Investment Law in May 2017. Under this new law, the government will provide tax incentives and guarantees, liberalize the foreign exchange system and adopt comprehensive value-added tax (VAT) systems to attract more domestic and foreign investment into the country. The move is expected to increase the pace of foreign investment, aiding the growth of the construction industry over the forecast period.

-Key Market Trends Construction Market-

Capital expenditure boosts Egypts construction sector

The construction industry is expected to continue to expand strongly over the forecast period (2020-2025), with many investments in infrastructure, residential, and energy projects continuing to drive growth. The focus on the improvement of the transport framework and the development of sustainable, affordable housing units will be key growth drivers.

-Competitive Landscape On Construction Market-

The report covers the major players operating in the Egypt Construction Market. The market is highly competitive with many opportunities for private firms as the government is taking important steps to support the sector by collaborating with the private firms to pursue various low-income housing schemes. The market is fragmented, and the market is expected to grow during the forecast period due to the increase in the construction investments and up-coming major projects in the country and other few factors are driving the market.

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