The construction sector in Egypt exhibited a steady growth from 2013 to 2023, moving from 4.32% to 5.75% of GDP. Over the past two years, the year-on-year growth has been consistent at approximately 1.25% annually. The 5-year CAGR from 2019 to 2023 was around 0.88%, affirming consistent sectoral growth. With projected values reaching 6.08% by 2028, the forecasted 5-year growth rate stands at 4.47%, suggesting a stable upward trend.
Future trends to watch for:
- Government initiatives in infrastructure development
- Increased foreign direct investments
- Evolving urbanization trends
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