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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages. ﷽
Egypt is located on the main trade route between Asia and Europe and has rich natural resources, especially wi🎐th regard to renewable energy. However, during the decades of state monopoly in the infrastructure sector, the country ...
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The MENA region presents high potential for infrastructure development. According to the World Bank, the region would need to spend at least 8.2% of its GDP per year to tap the infrastructurܫe gap and meet the needs of its growing ...
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Africa’s infrastructure deficit is long-standing and well-known. Although USD 297.2bn were committed to transport and energy infrastructure projects on the continent between 2ಌ014 and 2018, only four countries, Egypt, Morocco, ...
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South Africa is proud to have the best꧃ transport infrastructure in Sub-Saharan Africa and among the region's most developed electric power networks. Nevertheless, the decades-old model of state-owned conglomerates controlling infrastructure ...
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Africa’s construction sector has been playing an ౠincreasing role in driving the continent’s economic growth in recent years. Africa is still a developing region and as such, there is a continuous need to address ...
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