{"id":571953,"date":"2020-06-07T04:47:31","date_gmt":"2020-06-07T04:47:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/egypts-construction-sector-to-top-the-region-in-2029-fitch\/"},"modified":"2020-06-07T04:47:31","modified_gmt":"2020-06-07T04:47:31","slug":"egypts-construction-sector-to-top-the-region-in-2029-fitch","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/egypts-construction-sector-to-top-the-region-in-2029-fitch\/","title":{"rendered":"Egypt\u2019s construction sector to top the region in 2029 -Fitch"},"content":{"rendered":"

<\/a> Egypt\u2019s construction sector will become the largest in the region by 2029<\/strong> in terms of value<\/strong>, Fitch Solutions\u2019 BMI research said in a report summed up by cabinet\u2019s Information and Decision Support Center (IDSC)<\/a>. The sector is projected to grow 9% on average between 2020 and 2024 after a short-term slowdown due to the pandemic. A large part of this will be driven by active public-private partnerships and an expansion of green building, BMI said.<\/p>\n

The sector\u2019s value will more than triple to USD 89 bn from a current USD 25 bn<\/strong> before the decade is out, and account for 30% of the entire region\u2019s construction market, BMI expects. Egypt\u2019s construction sector is currently ranked second in the MENA region, trailing only slightly behind the UAE, the IDSC said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s construction sector will become the largest in the region by 2029 in terms of value, Fitch Solutions\u2019 BMI research said in a report summed up by cabinet\u2019s Information and Decision Support Center (IDSC). The sector is projected to grow 9% on average between 2020 and 2024 after a short-term slowdown due to the pandemic. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[4789,72,3637,7111,345,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571953","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bmi-research","tag-enterpriseam","tag-fitch-solutions","tag-infrastructure","tag-mena","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"913cde8b-2b5a-4b4b-a838-11c8f0935b42","is_powered_by":true,"section_story_id":"16be15c7-809a-4228-ae03-8d3acd1c122f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571943],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s construction sector to top the region in 2029 -Fitch - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/egypts-construction-sector-to-top-the-region-in-2029-fitch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s construction sector to top the region in 2029 -Fitch\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s construction sector will become the largest in the region by 2029 in terms of value, Fitch Solutions\u2019 BMI research said in a report summed up by cabinet\u2019s Information and Decision Support Center (IDSC). The sector is projected to grow 9% on average between 2020 and 2024 after a short-term slowdown due to the pandemic. 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