Cairo Metro

Egypt Construction Q1 2022 Report: Government-Backed Mega-Infrastructure Projects to Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, July 8, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Water, Tier 3, Construction, Transport, Adoption, EGP, Government, AFD, Population, Growth, Key, US, Housing, Partnership, Commercial, CAGR, Tier 2 capital, Income, Cairo Metro, Renewable energy, Real estate, Cable television, Tier

According to the publisher's Q4 2021 Global Construction Survey, construction industry in Egypt is expected to grow by 12.3% to reach EGP 472 billion in 2022.

Key Points: 
  • According to the publisher's Q4 2021 Global Construction Survey, construction industry in Egypt is expected to grow by 12.3% to reach EGP 472 billion in 2022.
  • Despite near-term challenges in certain construction sectors, medium to long term growth story in Egypt remains intact.
  • The construction industry in Egypt is expected to grow steadily over the next four quarters.
  • The growth momentum is expected to continue over the forecast period, recording a CAGR of 7.1% during 2022-2026.

Mitsubishi Corporation Signs Contract with Egyptian Government for Phase 1 of Cairo Metro Line 4

Retrieved on: 
Tuesday, November 24, 2020
Electric rail transport, Rail transport in Egypt, Rapid transit in Egypt, Rail transport, Orascom Group, Giza Plateau, Cairo Metro, Orascom Construction, Cairo, Giza, Cairo Metro Line 3, Outline of Cairo

TOKYO, Nov 24, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that its consortium with Orascom Construction (Orascom) etc.

Key Points: 
  • TOKYO, Nov 24, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that its consortium with Orascom Construction (Orascom) etc.
  • has signed a contract with the Egyptian government to deliver the Railway Systems, Track and Depot Works Package (CP411) for Phase 1 of Cairo Metro Line 4.
  • Funded through an international yen loan provided by the Japan International Cooperation Agency (JICA), Phase 1 of Cairo Metro Line 4 project including CP411 will take advantage of advanced railway technologies developed in Japan.
  • Phase 1 of Cairo Metro Line 4 will run from central Cairo to the Giza Pyramid Complex in the southwestern part of Greater Cairo.