{"id":596435,"date":"2019-08-28T04:00:02","date_gmt":"2019-08-28T04:00:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/deloitte-egypt-tops-africa-in-number-and-value-of-construction-projects-in-2018\/"},"modified":"2019-08-28T04:00:02","modified_gmt":"2019-08-28T04:00:02","slug":"deloitte-egypt-tops-africa-in-number-and-value-of-construction-projects-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/deloitte-egypt-tops-africa-in-number-and-value-of-construction-projects-in-2018\/","title":{"rendered":"Deloitte: Egypt tops Africa in number and value of construction projects in 2018"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <b>Egypt topped Africa in the number and value of construction projects within a single country in 2018<\/b>,according to <a href=\"http:\/\/enterprise.press\/wp-content\/uploads\/2019\/08\/za_africa_construction_trends_2018_report_022019.pdf\">Deloitte\u2019s Africa Construction Trends Report (pdf)<\/a>, which looks at industry trends at the levels of continent, region and country. The report says Egypt saw a total of 46 projects, comprising 9.5% of the total number of projects in Africa during the year, at a total value of USD 79.2 bn (17% of the total value of projects on the continent).<\/p>\n<p><b>Egypt\u2019s projects are among the driving forces of sectoral growth in North Africa:<\/b> The Tahrir Petrochemical Complex \u2014 expected to be the largest petrochemical complex in the Middle East \u2014 and the Dabaa nuclear plant are two of the most prominent projects in North Africa. Both are driving growth, the report says, with Dabaa being the largest project on the entire continent. North Africa in fact saw the greatest change in the number and value of projects of any region in Africa in 2018, with a 172.5% increase in projects, and a 92.3% increase in their total USD value.<\/p>\n<p><b>Throughout Africa, China is playing a greater role:<\/b> The economic relationship between China and North Africa in particular continues to grow as part of Beijing\u2019s Belt and Road Initiative, with Egypt \u201cleading Sino-North Africa bilateral relations,\u201d the report says. Chinese investors are showing particular interest in the Suez Canal Economic Zone, the TEDA industrial zone in Ain Sokhna, and the port of Alexandria. Although governments continue to fund the largest share of projects across the continent, China funds almost one in every five and is also the most prolific state builder of projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt topped Africa in the number and value of construction projects within a single country in 2018,according to Deloitte\u2019s Africa Construction Trends Report (pdf), which looks at industry trends at the levels of continent, region and country. The report says Egypt saw a total of 46 projects, comprising 9.5% of the total number of projects [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":596436,"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":[7098,116,130,9397,72,7111,2380,9396],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-africa","tag-china","tag-construction","tag-el-dabaa-nuclear-power-plant","tag-enterpriseam","tag-infrastructure","tag-speed-round","tag-tahrir-petrochemical-complex","wpautop","entry"],"acf":{"mongo_id":"779f835b-42b5-4808-acb2-019a7a83fca0","is_powered_by":true,"section_story_id":"1a934ca3-e303-4c6a-9aaf-e336da11032f","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/8\/2036.jpg","photo_position":"above","related_issue":[596428],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Deloitte: Egypt tops Africa in number and value of construction projects in 2018 - 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\/2019\/08\/28\/deloitte-egypt-tops-africa-in-number-and-value-of-construction-projects-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deloitte: Egypt tops Africa in number and value of construction projects in 2018\" \/>\n<meta property=\"og:description\" content=\"Egypt topped Africa in the number and value of construction projects within a single country in 2018,according to Deloitte\u2019s Africa Construction Trends Report (pdf), which looks at industry trends at the levels of continent, region and country. 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The\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/527.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623419,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/egypts-real-estate-construction-and-hospitality-sectors-won-attention-of-foreign-investors-in-2017\/","url_meta":{"origin":596435,"position":3},"title":"Egypt\u2019s real estate, construction and hospitality sectors won attention of foreign investors in 2017","author":"enterpriseam admin","date":"30 October 2018","format":false,"excerpt":"** #2 2017 wasn\u2019t a great year for foreign investment in Egypt, but real estate, hospitality and construction were winners (at least on a project-count basis), according to a 2017 EY Africa report on FDI (pdf) released yesterday. The report, which looks at FDI on a volume-of-projects basis as opposed\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604975,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp\/","url_meta":{"origin":596435,"position":4},"title":"Egypt\u2019s Carbon Holdings inks equity framework agreement for TPC with African Finance Corp.","author":"enterpriseam admin","date":"18 December 2018","format":false,"excerpt":"CLARIFICATION- Carbon\u2019s TPC inks equity framework agreement: Tahrir Petrochemicals Corporation and Lagos-based Africa Finance Corporation (AFC) have signed a USD 1.25 bn equity subscription framework agreement for its c. USD 11 bn petrochemicals project, slated to become the largest of its kind in the region, Carbon Holdings said in a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624277,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/04\/china-state-construction-inks-usd-9-6-bn-worth-of-agreements-with-egypt\/","url_meta":{"origin":596435,"position":5},"title":"China State Construction inks USD 9.6 bn worth of agreements with Egypt","author":"enterpriseam admin","date":"4 September 2018","format":false,"excerpt":"INVESTMENT WATCH- More from China as CSCEC signs USD 9.6 bn in new agreements: China State Construction Engineering Corporation (CSCEC) signed USD 9.6 bn in new agreements with Egypt in the latest round of contracts signed during the China-Africa Cooperation Forum in Beijing, according to Reuters\u2019 Arabic Service. CSCEC, which\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596435"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596435\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/596436"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596435"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596435"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}