Study sheds light on Egypt's construction export opportunities



Tue, 19 Apr 2022 - 01:55 GMT


Tue, 19 Apr 2022 - 01:55 GMT

Under-construction building – PxHere

Under-construction building – PxHere

CAIRO – 19 April 2022: The Egyptian Center for Strategic Studies (ECSS) published a study that recommends setting a comprehensive strategy that would achieve coordination among public and private entities to boost the export of construction services to regional countries.


The study showcased that the growth the construction sector in Egypt achieved over the past years made it develop and acquire the necessary experience that equips it to operate in fellow Arab and African states.


The study added that having a strategy can help construction exporters stand competition, and achieve a decent market share. For instance, one of the areas the strategy can assist with is coordinating on securing skilled technical labor for a particular project.


Egypt is currently building Tanzania's dam on Rufigi River, within Julius Nyerere Hydropower Station. The project is planned to have a capacity of 2,115 megawatts, and produce 6,307 GWh per annum. The capacity of the dam's reservoir is 34 billion cubic meters, and the cost is $2.9 billion.


Egypt also is participating in the construction of the Stiegler's Gorge dam on the Rufiji River to generate hydroelectric power in Tanzania. 


In April 2021, Egyptian Prime Minister Mostafa Madbouli headed to Libya and signed with the interim government 11 MoUs for Egypt to implement reconstruction projects, and provide services in the sectors of health, electricity, manpower and industry.


During the talks, the two sides also agreed on implementing a number of major projects in the realms of electricity, energy, communications and information technology and infrastructure.


Further, Egypt announced in May 2021- right after ceasefire declaration - allocating $500 million to the reconstruction of Gaza Strip, and that Egyptian firms would take part in the work.


Hence, the removal of ruins by Egypt started in June 2021, and later the necessary raw materials were transported into the territory through the Rafah Crossing in addition to the arrival of a delegation of engineers to follow up on the implementation of the second phase of the project.


Official at one of the contracting companies taking part in the reconstruction of Gaza Strip Suhail al-Saqqa told Youm7 in December that the Egyptian grant covers six projects. The first phase consists of the rehabilitation of Gaza Coastal Road, estimated to get accomplished in eight months, and a residential neighborhood dubbed Dar Misr 3, where leveling and drilling have begun.


The second one includes two other residential projects, introducing utilities and infrastructure, and two bridges in the districts of Shagaeya and Saraya, which are still being designed.



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