With a population growth rate of 2.25%, Egypt has the second
biggest population in Africa, as well as the third-largest economy.
The Egyptian government is promoting investment in all economic
sectors and is already a continental leader in some. For instance,
Egypt is the largest construction market in Africa, with more than
$350 billion of active projects.
Just under half (48%) of active projects are represented by the
real estate sector. The energy and transport sectors take up second
and third places with 18% and 17%, respectively, of active
projects.
The five top projects in Egypt are described below:
Egypt is racing to build an impressive new capital city in the
desert east of Cairo. This $58 billion project will promote
residential, commercial, government, universities, entertainment,
leisure and transport sectors and is set for completion by
2023.