Business Monitor International


Egypt Infrastructure Report

Published 03 October 2014

  • 68 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Egypt Infrastructure Report

BMI View:   We maintain our construction industry real growth forecast for Egypt at 4.5% in FY2014 and 5.3% in FY2015 on the back of a strong project pipeline, robust demand for infrastructure, and increased political stability. However, Egypt's limited access to private capital for infrastructure development will continue to reinforce the country's dependence on external loans and financial assistance from allies in the region.

Foreign direct investment (FDI) as well as development assistance are critical to Egypt's infrastructure development. As political stability and policy clarity, as well as pent-up demand, entice investors back into the country, our Country Risk team expects a significant upswing in FDI inflows into Egypt over the coming quarters. Recent data shows a significant pickup over the past year. According to the Egyptian Central Bank, net FDI inflows came in at USD6.2bn in FY2014 (fiscal year running from July 2013-June 2014), a 14.2% change over the previous year. We expect this trend to continue as low base effects and relative stability bring investors back into the country after three years of stagnation and decline.

Key Trends And Developments

  • Economic growth in Egypt will pick up over the coming quarters on the back of relative political stability. Fixed investment will be the primary driver of growth as a result of greater clarity on the economic policy front. Our Country Risk team forecasts 3.0% GDP real growth in FY2014/15 and 3.8% in FY2015/16.

  • Cement consumption and production, which we use a proxy for construction activity, saw average growth remain in positive territory in March and April (the latest data available), continuing a five-month uptrend. We have also seen the launching of three port projects in Egypt as well as a railway system in Cairo. These are encouraging signs for the development of the country's transport infrastructure and align with our increasingly positive view on the construction market.

  • President Sisi...

Table of Contents

BMI Industry View
7
SWOT
9
Infrastructure SWOT
9
Industry Forecast
11
Construction And Infrastructure Forecast Scenario
11
Table: Construction And Infrastructure Industry Data (Egypt 2012-2017)
11
Table: Construction And Infrastructure Industry Data (Egypt 2018-2023)
13
Transport Infrastructure - Outlook And Overview
18
Major Projects Table - Transport
24
Table: Major Projects Table - Transport
24
Energy And Utilities Infrastructure - Outlook And Overview
28
Major Projects - Energy And Utilities
31
Table: Major Projects - Energy And Utilities
31
Residential/Non-Residential Building - Outlook And Overview
35
Major Projects - Residential/Non-Residential Construction And Social Infrastructure
39
Table: Major Projects - Residential/Non-Residential Construction And Social Infrastructure
39
Industry Risk Reward Ratings
41
Egypt - Infrastructure Industry Risk/Reward Ratings
41
Rewards
41
Risks
41
Middle East And North Africa - Infrastructure Risk/Reward Ratings
42
Table: MENA Infrastructure Risk / Reward Ratings
48
Market Overview
49
Competitive Landscape
49
Table: Egypt - Company Financial Data
49
Company Profile
51
Arab Contractors
51
Orascom Construction Industries
54
Global Industry Overview
57
Middle East/North Africa Presents Strongest Investment Profile
57
Methodology
63
Industry Forecast Methodology
63
Sector-Specific Methodology
64
Risk/Reward Rating Methodology
68
Sector-Specific Methodology
69
Table: Infrastructure Risk/Reward Rating Indicators
69
Table: Weighting Of Indicators
70

The Egypt Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Egypt Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Egyptian infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Egypt to test other views - a key input for successful budgetary and planning in the Egyptian infrastructure market.
  • Target business opportunities and risks in the Egyptian infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Egypt.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering infrastructure and construction, regulatory changes, major investments and projects and significant multinational and national company developments.

These are broken down into Construction (social, commercial and residential), Transport (roads, railways, ports, airports etc), and Energy & Utilities (powerplants, renewable projects, pipelines and so on).

Industry Trends

Analysis of latest projects across the infrastructure sector (covering the transport, utilities and commercial construction sub-sectors) - including:

Market Overview:Analysis of the key elements driving developments, including evaluations of current capacity and future requirements.

Building Materials Overview

The building materials overview provides industry trend analysis on the global and regional demands for building materials and the impact of this on the emerging and developed markets.

Business Environment Rankings

BMI's Infrastructure Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors (construction companies, suppliers and partners) in the regional infrastructure market.

The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data point.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the infrastructure and construction sectors and within the broader political, economic and business environment.

BMI Industry & Economic Forecasts

Historic data series (2008-2012) and forecasts to end-2018 for all key industry and economic indicators, supported by explicit assumptions, plus analysis of key risks to the main forecast. Indicators include:

Construction: Industry value (US$bn); contribution to GDP (%); employment (`000); real growth (%).

Infrastructure: Value (US$bn); contribution to construction industry (%); real growth (%) of transport infrastructure (broken down by railways, airports, roads and bridges, ports and harbours) and energy and utilities (broken down by power plants and transmission grids, oil and gas pipelines, and water infrastructure).

Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).

Company Profiles

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc