According to Standard Chartered, Egypt is ranked seventh in the top ten largest economies of the world by 2030, preceding Russia, Japan and Germany.
With Egypt’s GDP expected to hit USD 8.2 trillion by 2030, investments from the public and private sector in healthcare, education and infrastructure will fuel the growth of Egyptian economy. Security, cybersecurity, health and safety will remain the backbone of these developments fueling industrialization and urbanization across the country.
Egypt is gateway to global trade and is working towards becoming the global logistics hub for international trade flow. Located at a crossroads between Africa, Asia and Europe, Egypt remains one of
the world’s most strategically important countries. Net FDI in Egypt grew by 183% in the first quarter of 2022 to reach $4.1 billion, compared to $1.4 billion in the same period of 2021, according to the Central bank of Egypt (CBE).
Egypt remains the only country in the Middle East and North Africa region to experience a positive trend in project spending in the past two years. In line with the vision of His Excellency President Abdel Fattah El Sisi’s vision, the country has completed projects worth USD 284 billion in the past six years including the construction of roads, bridges, waste water treatment plans and power stations. These investments have been a core pillar for Egypt’s remarkable growth during the pandemic.
NEW MANSOURA CITY
First phase of the city will be 40% of the total are (25,000 residential unit) with tourism residences, villas, middleincome housing, and social housing.
Developer: The New Urban Communities Authority
Estimated value $5 BN
NEW ADMINISTRATIVE CAPITAL
725 square km of land, 21 residential areas, 650 km of roads, capacity for 6.5 million people.
Developer: Administrative Capital for Urban Development
Stage: Construction – Stage 1
Estimated value $45 BN
CAIRO METRO LINES 3 AND 4
Line 3 calls for the construction of 47.87 km of track and 39 stations and is carried out in four phases. Line 3 links Cairo airport, Abbasiya, Ataba, Cairo University and Rod El Farag. Line 4 Phase 1 is 18.8 km linking Hadayek El Ashgar in Giza to El Malek El Saleh station in Cairo. It comprises 17 stations.
Developer: Egypt National Authority for Tunnels
Estimated value $15 BN
HIGHSPEED RAIL PLANS
500 km of high speed modern rail network linking north and south Egypt and linking the Mediterranean with the Red Sea. The network consists of three main lines.
Developer: Ministry of Transport
Stage: In bidding
Estimated value $14 BN
Integrated mixed-use green city on 11,000 acres along the Cairo-Suez road. The development is divided into five phases. 50% of the project land is dedicated for open green spaces.
Developer: El Mostakbal Urban Development
Estimated value $10 BN
BADYA PALM HILLS
40,000 units residential development in 6th October City. The project Includes a shopping mall, schools, hotels and commercial offices.
Developer: Palm Hills Developments
Estimated value $8.5 BN