Building Material , Construction Sector and Metallurgical Industries
Sector Background:
During the last years, The Egyptian Building Materials and Construction sector witnessed a remarkable boom with an average growth rate of 20% together with a general improvement of quality. It continues to be (relatively) one of the most dynamic sectors of Egypt’s economy. It accounts for about 8% of total Egyptian employment.
It contributed about 7% to the GDP in 2004-2005 and is expected to account for 4.8% during the 5th five-year plan. In addition, there are linkages to around 50 different industries that are highly dependant on the real estate and construction sectors.
2008 Data:
Value of exports grows from 24.5 billion EGP in year 2007 to 24.9 for year 2008 with a growth rate of 1%
The main markets for the sector were Italy with a growth rate of 16% in year 2008, Spain with 9% and KSA with 7.8%
Total companies registered at IMC are 881, with total employment of 59000 employees
Total investment of these companies is 31 billion EGP with a growth rate of 15%
Sectoral Projects 2009:
Developing and implementing a quality Assurance programme for the construction sector
Contractor Occupational Health and Safety project
Developing a study for mapping of all existing Quarries
Develop and implement a construction management system
Evaluation of the different quarry raw materials of the construction industry
Construction exporting stratgy inlight of the financial crises
Main Services to Building Material of Construction Sector Companies 2009:
Develop new exporters
Maintain the annual export level of the sector and upgrading the regular exporters
Upgrade productivity of the sector with respect to labor, machine productivity and cost effectiveness, this will be addressed through offering a wide range of services (production, quality, training, etc.
