Top 10 construction companies in Egypt
© Egypt Business Directory
The construction industry in Egypt is expected to grow in the coming years, despite challenges such as high inflation, currency depreciation, and rising prices for energy and construction materials. Here are some key points about the industry:
The Egyptian construction industry is expected to grow by 4.8% in 2023, slightly down from the growth of 5.5% recorded in 2022.
The industry is segmented by sector, including residential, commercial, industrial, transportation infrastructure, and energy and utilities.
The market is highly competitive, with many global, regional, and local players in the market.
The government is taking necessary steps to support the sector by collaborating with private firms to pursue various low-income housing schemes.
The industry accounts for six percent of the country's GDP and increases continuously.
The Egyptian construction sector is forecast to expand at a compound annual growth rate of 6.6% between 2021 and 2025
The industry’s growth over the forecast period will be supported by investments in the development of smart cities
The Egyptian construction industry is expected to grow by 4.8% in 2023, slightly down from the growth of 5.5% recorded in 2022.
The industry is segmented by sector, including residential, commercial, industrial, transportation infrastructure, and energy and utilities.
The market is highly competitive, with many global, regional, and local players in the market.
The government is taking necessary steps to support the sector by collaborating with private firms to pursue various low-income housing schemes.
The industry accounts for six percent of the country's GDP and increases continuously.
The Egyptian construction sector is forecast to expand at a compound annual growth rate of 6.6% between 2021 and 2025
The industry’s growth over the forecast period will be supported by investments in the development of smart cities
| Company | Founded | Company description |
|---|---|---|
| 1950 | Founded in 1950 by Onsi Sawiris, OCI is a leading cement producer and construction contractor, active in emerging markets. | |
| 1975 | Construction company involved in industrial projects ranging from heavy military industries to light food processing facilities. | |
| 1985 | Amer Group is the umbrella company for subsidiaries engaged in hospitality, construction, real estate development and agriculture. | |
| 1955 | The Arab Contractors is one of the leading construction companies in the Middle East and Africa. | |
| 1998 | Provides civil contracting for building, heavy and infrastructure projects. | |
| 1986 | General construction contractor for top quality finishing and prestigious buildings, office buildings for multinational companies etc. | |
| 1992 | Provides civil contracting for commercial and residential building projects. | |
| 2009 | Founded in 2009, Solid Constructions is one of the Fastest growing private sector general contracting companies in the Egyptian Market. | |
| 1991 | Delivers turnkey projects to a diverse group of high-profile clients. Founded in 1991, Gama is a member of Triangle Group. | |
| 1963 | Samcrete is a General Contracting Company Categorized under grade "A" in the Egyptian Federation.in Building , Civil , infrastructure,stations ---etc. | |
| 1959 | Madinet Masr was founded in 1959 developing master projects over years to serve the needs of millions of Egyptians. |
The construction industry in Egypt, while it presents a number of opportunities, is not without its fair share of challenges. Key among these issues are high inflation and currency depreciation. This economic instability has had a significant impact on the industry by causing a surge in prices for energy and construction materials. The high cost of these crucial components has added financial pressure on construction projects, making it more challenging to stay within budget, and ultimately, could affect the feasibility of some projects.
Secondly, there is a clear shortage of skilled labor and training programs in the sector. The lack of adequately trained personnel can lead to delays in project completion times, result in poor construction quality, and potentially exacerbate project costs. This workforce issue presents a significant challenge in an industry where time efficiency and quality are paramount.
Another significant hurdle lies in the inadequate infrastructure in Egypt, especially in the transportation sector. The effective delivery of construction materials and equipment is vital to maintaining project timelines and ensuring the smooth operation of construction sites. However, inefficient transportation systems can disrupt these delivery networks, leading to project delays and increased costs.
Despite these formidable challenges, there are signs of progress and potential for growth in the sector. The Egyptian government is recognizing these issues and has taken steps to support the construction industry. This includes collaboration with private firms on low-income housing schemes, which is expected to not only boost the sector but also address pressing social needs.
Moreover, the industry is projected to experience growth in the coming years, fuelled by investments in smart cities and other infrastructure projects. These projects, supported by both domestic and international investors, could serve as a counterbalance to the aforementioned challenges, ultimately driving the construction industry forward in Egypt. Therefore, despite its challenges, the future of Egypt's construction industry remains promising.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.
Secondly, there is a clear shortage of skilled labor and training programs in the sector. The lack of adequately trained personnel can lead to delays in project completion times, result in poor construction quality, and potentially exacerbate project costs. This workforce issue presents a significant challenge in an industry where time efficiency and quality are paramount.
Another significant hurdle lies in the inadequate infrastructure in Egypt, especially in the transportation sector. The effective delivery of construction materials and equipment is vital to maintaining project timelines and ensuring the smooth operation of construction sites. However, inefficient transportation systems can disrupt these delivery networks, leading to project delays and increased costs.
Despite these formidable challenges, there are signs of progress and potential for growth in the sector. The Egyptian government is recognizing these issues and has taken steps to support the construction industry. This includes collaboration with private firms on low-income housing schemes, which is expected to not only boost the sector but also address pressing social needs.
Moreover, the industry is projected to experience growth in the coming years, fuelled by investments in smart cities and other infrastructure projects. These projects, supported by both domestic and international investors, could serve as a counterbalance to the aforementioned challenges, ultimately driving the construction industry forward in Egypt. Therefore, despite its challenges, the future of Egypt's construction industry remains promising.
Disclaimer
This compilation of the companies has been made to the best of our knowledge and belief. We have made every effort to obtain the information from reliable and up-to-date sources and to reproduce it as accurately as possible. Nevertheless, we cannot guarantee the accuracy and completeness of the information. We are grateful for additions and corrections, which you are welcome to send to sales@egypt-business.com. The selection of companies is based on the number of employees, the revenue, and the number of online visitors.