Egypt Construction Market Size to Surpass USD 139 Billion by 2031

Published | 05 March 2025

Egypt Construction Market is flourishing because of the government’s significant investments in large infrastructure development programs and rapid urban development across the country.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Egypt Construction Market size at USD 74.42 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects the Egypt Construction Market size to boom at a significant CAGR of 9.35% reaching a value of USD 139.13 billion by 2031. Favorable investments and programs by the government, such as building the New Administrative Capital City near Cairo, as well as growing demand for residential complexes due to increased housing demand are major growth factors for Egypt Construction Market. The growing adoption of automation solutions in the building sector is also projected to propel the Egypt Construction Market during the period in analysis.

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Opportunity - Increasing investments in construction sector

Building and construction is one of the most lucrative sectors in Egypt. As a result, the sector has been significantly attracting major investments from the government, private players, and international investors. For instance, Abu Dhabi based ADQ announced a USD 35-billion investment in the Ras El-Hekma development project on the North Coast of Egypt. The Egyptian Electricity Transmission Company (EETC) has also stated its large 10 GW clean power generation plan for setting up the USD 10-billion worth wind farm in West Suhag. Increasing investments in large infrastructure development projects are expected to boost the growth of Egypt Construction Market in the coming years.

Impact of Escalating Geopolitical Tensions on Egypt Construction Market

The geopolitical tensions could hinder the growth of the Egypt Construction Market. For instance, escalating geopolitical tensions in Israel and across the Middle East region have resulted in the disruptions of international shipping and supply chains of construction materials in Egypt as well. The hindrance to commercial shipping in the Red Sea and Gulf of Aden caused a significant spike in the cost of construction materials due to increased shipping costs which have disrupted the overall growth of the Egypt Construction Market.

Building & Construction Segment Leads Egypt Construction Market

Based on construction type, Egypt Construction Market is segmented into building & construction, new, renovation, and repair & maintenance. The building & construction segment accounts for the highest market share in Egypt Construction Market by construction type. The growth of the segment is mainly attributed to the increasing construction of residential and non-residential buildings. The increasing housing demand in the Kingdom owing to rising population and accessibility to housing loans is directly influencing the building and construction of residential buildings, which is propelling its market growth.

Competitive Landscape

Major players operating in the Egypt Construction Market include Concord Engineering & Contracting, Consolidated Contractors Company, Emaar Properties, Hassan Allam Holding, Gama Construction, Kharafi National, Madkour Group, Orascom Construction, Palm Hills Developments, and The Arab Contractors. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Don’t miss the business opportunity in the Egypt Construction Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Egypt Construction Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Egypt Construction Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Scope of the Report

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