the future of construction in egypt to 2015 · the future of construction in egypt to 2015 market...

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The Future of Construction in Egypt to 2015 Market Intelligence Report

Reference code: CN2304MR

Published: April 2011

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TABLE OF CONTENTS

The Future of Construction in Egypt to 2015 Published April 2011


TABLE OF CONTENTS 1 Introduction ......................................................................................................................... 10

1.1 What is this Report About? ..............................................................................................................10

1.2 Definitions .......................................................................................................................................10

1.3 Summary Methodology ...................................................................................................................12

2 Executive Summary ............................................................................................................ 15

3 Construction Industry Analysis ......................................................................................... 16

3.1 Construction Industry Overview .......................................................................................................16

3.2 Industry Dynamics ...........................................................................................................................17

4 Construction Industry Data ................................................................................................ 18

4.1 Historic Industry Value ....................................................................................................................18

4.2 Historic Industry Segmentation ........................................................................................................19

4.3 Industry Value Forecast ..................................................................................................................20

4.4 Industry Segmentation Forecast ......................................................................................................21

5 Construction Industry: Market Analysis............................................................................ 22

5.1 Commercial Construction Market Analysis ......................................................................................22

5.1.1 Market Dynamics ................................................................................................................................. 23

5.1.2 Commercial Construction Market Value ............................................................................................... 24

5.1.3 Commercial Construction Market Segmentation ................................................................................... 25

5.1.4 Commercial Construction Market Value Forecast ................................................................................. 26

5.1.5 Commercial Construction Market Segmentation Forecast .................................................................... 27

5.2 Commercial Construction: Category Analysis ..................................................................................28

5.2.1 Leisure and Hospitality Construction Category Value Review ............................................................... 28

5.2.2 Leisure and Hospitality Construction Category Value Forecast ............................................................. 29

5.2.3 Office Buildings Construction Category Value Review .......................................................................... 30

5.2.4 Office Buildings Construction Category Value Forecast ........................................................................ 31

5.2.5 Outdoor Leisure Facilities Construction Category Value Review........................................................... 32

5.2.6 Outdoor Leisure Facilities Construction Category Value Forecast ........................................................ 33

5.2.7 Retail Buildings Construction Category Value Review .......................................................................... 34

5.2.8 Retail Buildings Construction Category Value Forecast ........................................................................ 35

5.2.9 Other Commercial Construction Category Value Review ...................................................................... 36

5.2.10 Other Commercial Construction Category Value Forecast .................................................................... 37

5.3 Industrial Construction Market Analysis ...........................................................................................38

5.3.1 Market Dynamics ................................................................................................................................. 39

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5.3.2 Industrial Construction Market Value .................................................................................................... 40

5.3.3 Industrial Construction Market Segmentation ....................................................................................... 41

5.3.4 Industrial Construction Market Value Forecast ..................................................................................... 42

5.3.5 Industrial Construction Market Segmentation Forecast ......................................................................... 43

5.4 Industrial Construction: Category Analysis ......................................................................................44

5.4.1 Chemical and Pharmaceutical Plants Construction Category Value Review ......................................... 44

5.4.2 Chemical and Pharmaceutical Plants Construction Category Value Forecast ....................................... 45

5.4.3 Manufacturing Plants Construction Category Value Review ................................................................. 46

5.4.4 Manufacturing Plants Construction Category Value Forecast ............................................................... 47

5.4.5 Metal and Material Processing Plants Construction Category Value Review......................................... 48

5.4.6 Metal and Material Processing Plants Construction Category Value Forecast ...................................... 49

5.4.7 Refinery Buildings Construction Category Value Review ...................................................................... 50

5.4.8 Refinery Buildings Construction Category Value Forecast .................................................................... 51

5.4.9 Storage Tanks Construction Category Value Review ........................................................................... 52

5.4.10 Storage Tanks Construction Category Value Forecast ......................................................................... 53

5.4.11 Waste Processing Plants Construction Category Value Review ........................................................... 54

5.4.12 Waste Processing Plants Construction Category Value Forecast ......................................................... 55

5.5 Infrastructure Construction Market Analysis ....................................................................................56

5.5.1 Market Dynamics ................................................................................................................................. 57

5.5.2 Infrastructure Construction Market Value ............................................................................................. 58

5.5.3 Infrastructure Construction Market Segmentation ................................................................................. 59

5.5.4 Infrastructure Construction Market Value Forecast ............................................................................... 60

5.5.5 Infrastructure Construction Market Segmentation Forecast .................................................................. 61

5.6 Infrastructure Construction: Category Analysis ................................................................................62

5.6.1 Energy and Communications Infrastructure Construction Category Value Review ................................ 62

5.6.2 Energy and Communications Infrastructure Construction Category Value Forecast .............................. 63

5.6.3 Rail Infrastructure Construction Category Value Review....................................................................... 64

5.6.4 Rail Infrastructure Construction Category Value Forecast .................................................................... 65

5.6.5 Road Infrastructure Construction Category Value Review .................................................................... 66

5.6.6 Road Infrastructure Construction Category Value Forecast .................................................................. 67

5.6.7 Sewage Infrastructure Construction Category Value Review ................................................................ 68

5.6.8 Sewage Infrastructure Construction Category Value Forecast .............................................................. 69

5.6.9 Water Infrastructure Construction Category Value Review ................................................................... 70

5.6.10 Water Infrastructure Construction Category Value Forecast ................................................................. 71

5.6.11 Other Infrastructure Projects Construction Category Value Review ...................................................... 72

5.6.12 Other Infrastructure Projects Construction Category Value Forecast .................................................... 73

5.7 Institutional Construction Market Analysis .......................................................................................74

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5.7.1 Market Dynamics ................................................................................................................................. 75

5.7.2 Institutional Construction Market Value Review .................................................................................... 76

5.7.3 Institutional Construction Market Segmentation Review ....................................................................... 77

5.7.4 Institutional Construction Market Value Forecast .................................................................................. 78

5.7.5 Institutional Construction Market Segmentation Forecast ..................................................................... 79

5.8 Institutional Construction: Category Analysis ...................................................................................80

5.8.1 Educational Buildings Construction Category Value Review ................................................................. 80

5.8.2 Educational Buildings Construction Category Value Forecast............................................................... 81

5.8.3 Healthcare Buildings Construction Category Value Review .................................................................. 82

5.8.4 Healthcare Buildings Construction Category Value Forecast ................................................................ 83

5.8.5 Institutional Buildings Construction Category Value .............................................................................. 84

5.8.6 Institutional Buildings Construction Category Value Forecast ............................................................... 85

5.8.7 Religious Buildings Construction Category Value ................................................................................. 86

5.8.8 Religious Buildings Construction Category Value Forecast .................................................................. 87

5.8.9 Research Facilities Construction Category Value ................................................................................. 88

5.8.10 Research Facilities Construction Category Value Forecast .................................................................. 89

5.9 Residential Construction Market Analysis........................................................................................90

5.9.1 Market Dynamics ................................................................................................................................. 91

5.9.2 Residential Construction Market Value Review .................................................................................... 92

5.9.3 Residential Construction Market Segmentation Review ........................................................................ 93

5.9.4 Residential Construction Market Value Forecast .................................................................................. 94

5.9.5 Residential Construction Market Segmentation Forecast...................................................................... 95

5.10 Residential Construction: Category Analysis ...................................................................................96

5.10.1 New Multi-Family Housing Construction Category Value Review .......................................................... 96

5.10.2 New Multi-Family Housing Construction Category Value Forecast ....................................................... 97

5.10.3 Residential Building Redevelopment Construction Category Value Review .......................................... 98

5.10.4 Residential Building Redevelopment Construction Category Value Forecast ........................................ 99

5.10.5 Single-Family Housing Construction Category Value Review ............................................................. 100

5.10.6 Single-Family Housing Construction Category Value Forecast ........................................................... 101

6 Company Profile: Orascom Construction Industries S.A.E ............................................102

6.1 Orascom Construction Industries S.A.E - Company Overview ...................................................... 102

6.2 Orascom Construction Industries S.A.E - Business Description .................................................... 102

6.3 Orascom Construction Industries S.A.E - Major Products and Services ........................................ 104

6.4 Orascom Construction Industries S.A.E - History .......................................................................... 105

6.5 Orascom Construction Industries S.A.E - SWOT Analysis ............................................................ 106

6.5.1 Orascom Construction Industries S.A.E – Strengths........................................................................... 106

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6.5.2 Orascom Construction Industries S.A.E – Weaknesses ..................................................................... 106

6.5.3 Orascom Construction Industries S.A.E – Opportunities ..................................................................... 107

6.5.4 Orascom Construction Industries S.A.E – Threats .............................................................................. 108

6.6 Orascom Construction Industries S.A.E – Company Information ................................................... 109

6.6.1 Orascom Construction Industries S.A.E - Key Competitors ................................................................ 109

6.6.2 Orascom Construction Industries S.A.E - Key Employees .................................................................. 109

7 Company Profile: The Arab Contractors Osman Ahmed Osman & Co .........................110

7.1 The Arab Contractors Osman Ahmed Osman & Co Company Overview....................................... 110

7.2 The Arab Contractors Osman Ahmed Osman & Co - Business Description .................................. 110

7.3 The Arab Contractors Osman Ahmed Osman & Co - Major Products and Services ...................... 111

7.4 The Arab Contractors Osman Ahmed Osman & Co - History ........................................................ 112

7.5 The Arab Contractors Osman Ahmed Osman & Co – Company Information ................................. 112

7.5.1 The Arab Contractors Osman Ahmed Osman & Co - Key Competitors ............................................... 112

7.5.2 The Arab Contractors Osman Ahmed Osman & Co - Key Employees ................................................ 112

8 Company Profile: Engineering Consultants Group, S.A. ................................................114

8.1 Engineering Consultants Group, S.A. Company Overview ........................................................... 114

8.2 Engineering Consultants Group, S.A. - Business Description ....................................................... 114

8.3 Engineering Consultants Group, S.A. - Major Services ................................................................ 115

8.4 Engineering Consultants Group, S.A. - History ............................................................................. 116

8.5 Engineering Consultants Group, S.A. - Company Information ...................................................... 116

8.5.1 Engineering Consultants Group, S.A. - Key Competitors ................................................................... 116

8.5.2 Engineering Consultants Group, S.A. - Key Employees..................................................................... 117

9 Annual Review ....................................................................................................................118

10 Appendix .............................................................................................................................121

10.1 About World Market Intelligence .................................................................................................... 121

10.2 Disclaimer ..................................................................................................................................... 122

TABLE OF CONTENTS



LIST OF FIGURES

Figure 1: Egyptian Overall Construction Industry Dynamics By Market (%), 2006–15 ............................................................................................. 17 Figure 2: Egyptian Construction Industry Value (US$ Million), 2006–10 ................................................................................................................... 18 Figure 3: Egyptian Construction Industry Segmentation By Market (%), 2006–10 .................................................................................................... 19 Figure 4: Egyptian Construction Industry Value Forecast (US$ Million), 2010–15 .................................................................................................... 20 Figure 5: Egyptian Construction Industry Segmentation Forecast By Market (%), 2010–15 .................................................................................... 21 Figure 6: Egyptian Commercial Construction Market Dynamics By Category (%), 2006–15.................................................................................... 23 Figure 7: Egyptian Commercial Construction Market Value (US$ Million), 2006–10 ................................................................................................ 24 Figure 8: Egyptian Commercial Construction Market Segmentation By Category (%), 2006–10 ............................................................................. 25 Figure 9: Egyptian Commercial Construction Market Value Forecast (US$ Million), 2010–15 ................................................................................. 26 Figure 10: Egyptian Commercial Construction Market Segmentation Forecast By Category (%), 2010–15 ........................................................... 27 Figure 11: Egyptian Leisure and Hospitality Construction Category Value (US$ Million), 2006–10 ......................................................................... 28 Figure 12: Egyptian Leisure and Hospitality Construction Category Value Forecast (US$ Million), 2010–15 ......................................................... 29 Figure 13: Egyptian Office Buildings Construction Category Value (US$ Million), 2006–10..................................................................................... 30 Figure 14: Egyptian Office Buildings Construction Category Value Forecast (US$ Million), 2010–15 ..................................................................... 31 Figure 15: Egyptian Outdoor Leisure Facilities Construction Category Value (US$ Million), 2006–10 .................................................................... 32 Figure 16: Egyptian Outdoor Leisure Facilities Construction Category Value Forecast (US$ Million), 2010–15 ..................................................... 33 Figure 17: Egyptian Retail Buildings Construction Category Value (US$ Million), 2006–10 ..................................................................................... 34 Figure 18: Egyptian Retail Buildings Construction Category Value Forecast (US$ Million), 2010–15 ..................................................................... 35 Figure 19: Egyptian Other Commercial Construction Category Value (US$ Million), 2006–10 ................................................................................ 36 Figure 20: Egyptian Other Commercial Construction Category Value Forecast (US$ Million), 2010–15 ................................................................. 37 Figure 21: Egyptian Industrial Construction Market Dynamics By Category (%), 2006–15 ...................................................................................... 39 Figure 22: Egyptian Industrial Construction Market Value (US$ Million), 2006–10 ................................................................................................... 40 Figure 23: Egyptian Industrial Construction Market Segmentation By Category (%),2006–10 ................................................................................. 41 Figure 24: Egyptian Industrial Construction Market Value Forecast (US$ Million), 2010–15.................................................................................... 42 Figure 25: Egyptian Industrial Construction Market Segmentation Forecast By Category (%), 2010–15 ................................................................ 43 Figure 26: Egyptian Chemical and Pharmaceutical Plants Construction Category Value (US$ Million), 2006–10 .................................................. 44 Figure 27: Egyptian Chemical and Pharmaceutical Plants Construction Category Value Forecast (US$ Million), 2010–15 .................................. 45 Figure 28: Egyptian Manufacturing Plants Construction Category Value (US$ Million), 2006–10............................................................................ 46 Figure 29: Egyptian Manufacturing Plants Construction Category Value Forecast (US$ Million), 2010–15 ............................................................ 47 Figure 30: Egyptian Metal and Material Processing Plants Construction Category Value (US$ Million), 2006–10 ................................................. 48 Figure 31: Egyptian Metal and Material Processing Plants Construction Category Value Forecast (US$ Million), 2010–15 .................................. 49 Figure 32: Egyptian Refinery Buildings Construction Category Value (US$ Million), 2006–10 ................................................................................ 50 Figure 33: Egyptian Refinery Buildings Construction Category Value Forecast (US$ Million), 2010–15 ................................................................. 51 Figure 34: Egyptian Storage Tanks Construction Category Value (US$ Million), 2006–10 ...................................................................................... 52 Figure 35: Egyptian Storage Tanks Construction Category Value Forecast (US$ Million), 2010–15 ....................................................................... 53 Figure 36: Egyptian Waste Processing Plants Construction Category Value (US$ Million), 2006–10 ..................................................................... 54 Figure 37: Egyptian Waste Processing Plants Construction Category Value Forecast (US$ Million), 2010–15 ...................................................... 55 Figure 38: Egyptian Infrastructure Construction Market Dynamics By Category (%), 2006–15 ............................................................................... 57 Figure 39: Egyptian Infrastructure Construction Market Value (US$ Million), 2006–10 ............................................................................................ 58 Figure 40: Egyptian Infrastructure Construction Market Segmentation By Category (%), 2006–10 ......................................................................... 59 Figure 41: Egyptian Infrastructure Construction Market Value Forecast (US$ Million), 2010–15 ............................................................................. 60 Figure 42: Egyptian Infrastructure Construction Market Segmentation Forecast By Category (%), 2010–15 ......................................................... 61 Figure 43: Egyptian Energy and Communications Infrastructure Construction Category Value (US$ Million), 2006–10 ........................................ 62 Figure 44: Egyptian Energy and Communications Infrastructure Construction Category Value Forecast (US$ Million), 2010–15......................... 63 Figure 45: Egyptian Rail Infrastructure Construction Category Value (US$ Million), 2006–10 ................................................................................. 64 Figure 46: Egyptian Rail Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 .................................................................. 65 Figure 47: Egyptian Road Infrastructure Construction Category Value (US$ Million), 2006–10 ............................................................................... 66 Figure 48: Egyptian Road Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ............................................................... 67 Figure 49: Egyptian Sewage Infrastructure Construction Category Value (US$ Million), 2006–10 .......................................................................... 68 Figure 50: Egyptian Sewage Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ........................................................... 69 Figure 51: Egyptian Water Infrastructure Construction Category Value (US$ Million), 2006–10.............................................................................. 70 Figure 52: Egyptian Water Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 .............................................................. 71

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Figure 53: Egyptian Other Infrastructure Projects Construction Category Value (US$ Million), 2006–10 ................................................................ 72 Figure 54: Egyptian Other Infrastructure Projects Construction Category Value Forecast (US$ Million), 2010–15 ................................................ 73 Figure 55: Egyptian Institutional Construction Market Dynamics By Category (%), 2006–15................................................................................... 75 Figure 56: Egyptian Institutional Construction Market Value (US$ Million), 2006–10 ............................................................................................... 76 Figure 57: Egyptian Institutional Construction Market Segmentation By Category (%), 2006–10 ............................................................................ 77 Figure 58: Egyptian Institutional Construction Market Value Forecast (US$ Million), 2010–15 ................................................................................ 78 Figure 59: Egyptian Institutional Construction Market Segmentation Forecast By Category (%), 2010–15............................................................. 79 Figure 60: Egyptian Educational Buildings Construction Category Value (US$ Million), 2006–10 ........................................................................... 80 Figure 61: Egyptian Educational Buildings Construction Category Value Forecast (US$ Million), 2010–15............................................................ 81 Figure 62: Egyptian Healthcare Buildings Construction Category Value (US$ Million), 2006–10 ............................................................................ 82 Figure 63: Egyptian Healthcare Buildings Construction Category Value Forecast (US$ Million), 2010–15 ............................................................. 83 Figure 64: Egyptian Institutional Buildings Construction Category Value (US$ Million), 2006–10............................................................................ 84 Figure 65: Egyptian Institutional Buildings Construction Category Value Forecast (US$ Million), 2010–15 ............................................................ 85 Figure 66: Egyptian Religious Buildings Construction Category Value (US$ Million), 2006–10 ............................................................................... 86 Figure 67: Egyptian Religious Buildings Construction Category Value Forecast (US$ Million), 2010–15 ................................................................ 87 Figure 68: Egyptian Research Facilities Construction Category Value (US$ Million), 2006–10 ............................................................................... 88 Figure 69: Egyptian Research Facilities Construction Category Value Forecast (US$ Million), 2010–15 ................................................................ 89 Figure 70: Egyptian Residential Construction Market Dynamics By Category (%), 2006–15 ................................................................................... 91 Figure 71: Egyptian Residential Construction Market Value (US$ Million), 2006–10 ................................................................................................ 92 Figure 72: Egyptian Residential Construction Market Segmentation By Category (%), 2006–10 ............................................................................ 93 Figure 73: Egyptian Residential Construction Market Value Forecast (US$ Million), 2010–15 ................................................................................ 94 Figure 74: Egyptian Residential Construction Market Segmentation Forecast By Category (%), 2010–15 ............................................................. 95 Figure 75: Egyptian New Multi-Family Housing Construction Category Value (US$ Million), 2006–10 ................................................................... 96 Figure 76: Egyptian New Multi-Family Housing Construction Category Value Forecast (US$ Million), 2010–15 .................................................... 97 Figure 77: Egyptian Residential Building Redevelopment Construction Category Value (US$ Million), 2006–10 ................................................... 98 Figure 78: Egyptian Residential Building Redevelopment Construction Category Value Forecast (US$ Million), 2010–15 ................................... 99 Figure 79: Egyptian Single-Family Housing Construction Category Value (US$ Million), 2006–10 ....................................................................... 100 Figure 80: Egyptian Single-Family Housing Construction Category Value Forecast (US$ Million), 2010–15 ........................................................ 101

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LIST OF TABLES

Table 1: World Market Intelligence Construction Market Definitions .......................................................................................................................... 11 Table 2: Egyptian Construction Industry Value (US$ Million), 2006–10 .................................................................................................................... 18 Table 3: Egyptian Construction Industry Segmentation By Market (US$ Million), 2006–10 ..................................................................................... 19 Table 4: Egyptian Construction Industry Value Forecast (US$ Million), 2010–15 ..................................................................................................... 20 Table 5: Egyptian Construction Industry Segmentation Forecast By Market (US$ Million), 2010–15 ...................................................................... 21 Table 6: Egyptian Commercial Construction Market Value (US$ Million), 2006–10.................................................................................................. 24 Table 7: Egyptian Commercial Construction Market Segmentation By Category (US$ Million), 2006–10 ............................................................... 25 Table 8: Egyptian Commercial Construction Market Value Forecast (US$ Million), 2010–15 .................................................................................. 26 Table 9: Egyptian Commercial Construction Market Segmentation Forecast By Category (US$ Million), 2010–15 ............................................... 27 Table 10: Egyptian Leisure and Hospitality Construction Category Value (US$ Million), 2006–10 .......................................................................... 28 Table 11: Egyptian Leisure and Hospitality Construction Category Value Forecast (US$ Million), 2010–15 ........................................................... 29 Table 12: Egyptian Office Buildings Construction Category Value (US$ Million), 2006–10 ...................................................................................... 30 Table 13: Egyptian Office Buildings Construction Category Value Forecast (US$ Million), 2010–15 ...................................................................... 31 Table 14: Egyptian Outdoor Leisure Facilities Construction Category Value (US$ Million), 2006–10...................................................................... 32 Table 15: Egyptian Outdoor Leisure Facilities Construction Category Value Forecast (US$ Million), 2010–15 ...................................................... 33 Table 16: Egyptian Retail Buildings Construction Category Value (US$ Million), 2006–10 ...................................................................................... 34 Table 17: Egyptian Retail Buildings Construction Category Value Forecast (US$ Million), 2010–15 ....................................................................... 35 Table 18: Egyptian Other Commercial Construction Category Value (US$ Million), 2006–10.................................................................................. 36 Table 19: Egyptian Other Commercial Construction Category Value Forecast (US$ Million), 2010–15 .................................................................. 37 Table 20: Egyptian Industrial Construction Market Value (US$ Million), 2006–10 .................................................................................................... 40 Table 21: Egyptian Industrial Construction Market Segmentation By Category (US$ Million), 2006–10 ................................................................. 41 Table 22: Egyptian Industrial Construction Market Value Forecast (US$ Million), 2010–15 ..................................................................................... 42 Table 23: Egyptian Industrial Construction Market Segmentation Forecast By Category (US$ Million), 2010–15 .................................................. 43 Table 24: Egyptian Chemical and Pharmaceutical Plants Construction Category Value (US$ Million), 2006–10 ................................................... 44 Table 25: Egyptian Chemical and Pharmaceutical Plants Construction Category Value Forecast (US$ Million), 2010–15.................................... 45 Table 26: Egyptian Manufacturing Plants Construction Category Value (US$ Million), 2006–10 ............................................................................. 46 Table 27: Egyptian Manufacturing Plants Construction Category Value Forecast (US$ Million), 2010–15 ............................................................. 47 Table 28: Egyptian Metal and Material Processing Plants Construction Category Value (US$ Million), 2006–10 .................................................. 48 Table 29: Egyptian Metal and Material Processing Plants Construction Category Value Forecast (US$ Million), 2010–15 ................................... 49 Table 30: Egyptian Refinery Buildings Construction Category Value (US$ Million), 2006–10 .................................................................................. 50 Table 31: Egyptian Refinery Buildings Construction Category Value Forecast (US$ Million), 2010–15 .................................................................. 51 Table 32: Egyptian Storage Tanks Construction Category Value (US$ Million), 2006–10 ....................................................................................... 52 Table 33: Egyptian Storage Tanks Construction Category Value Forecast (US$ Million), 2010–15 ........................................................................ 53 Table 34: Egyptian Waste Processing Plants Construction Category Value (US$ Million), 2006–10 ...................................................................... 54 Table 35: Egyptian Waste Processing Plants Construction Category Value Forecast (US$ Million), 2010–15 ....................................................... 55 Table 36: Egyptian Infrastructure Construction Market Value (US$ Million), 2006–10 ............................................................................................. 58 Table 37: Egyptian Infrastructure Construction Market Segmentation By Category (US$ Million), 2006–10 ........................................................... 59 Table 38: Egyptian Infrastructure Construction Market Value Forecast (US$ Million), 2010–15 .............................................................................. 60 Table 39: Egyptian Infrastructure Construction Market Segmentation Forecast By Category (US$ Million), 2010–15 ........................................... 61 Table 40: Egyptian Energy and Communications Infrastructure Construction Category Value (US$ Million), 2006–10 ......................................... 62 Table 41: Egyptian Energy and Communications Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 .......................... 63 Table 42: Egyptian Rail Infrastructure Construction Category Value (US$ Million), 2006–10 .................................................................................. 64 Table 43: Egyptian Rail Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ................................................................... 65 Table 44: Egyptian Road Infrastructure Construction Category Value (US$ Million), 2006–10 ................................................................................ 66 Table 45: Egyptian Road Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ................................................................ 67 Table 46: Egyptian Sewage Infrastructure Construction Category Value (US$ Million), 2006–10 ........................................................................... 68 Table 47: Egyptian Sewage Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ............................................................ 69 Table 48: Egyptian Water Infrastructure Construction Category Value (US$ Million), 2006–10 ............................................................................... 70 Table 49: Egyptian Water Infrastructure Construction Category Value Forecast (US$ Million), 2010–15 ............................................................... 71 Table 50: Egyptian Other Infrastructure Projects Construction Category Value (US$ Million), 2006–10 ................................................................. 72 Table 51: Egyptian Other Infrastructure Projects Construction Category Value Forecast (US$ Million), 2010–15 .................................................. 73 Table 52: Egyptian Institutional Construction Market Value (US$ Million), 2006–10................................................................................................. 76

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Table 53: Egyptian Institutional Construction Market Segmentation By Category (US$ Million), 2006–10 .............................................................. 77 Table 54: Egyptian Institutional Construction Market Value Forecast (US$ Million), 2010–15 ................................................................................. 78 Table 55: Egyptian Institutional Construction Market Segmentation Forecast By Category (US$ Million), 2010–15 .............................................. 79 Table 56: Egyptian Educational Buildings Construction Category Value (US$ Million), 2006–10 ............................................................................ 80 Table 57: Egyptian Educational Buildings Construction Category Value Forecast (US$ Million), 2010–15 ............................................................. 81 Table 58: Egyptian Healthcare Buildings Construction Category Value (US$ Million), 2006–10.............................................................................. 82 Table 59: Egyptian Healthcare Buildings Construction Category Value Forecast (US$ Million), 2010–15 .............................................................. 83 Table 60: Egyptian Institutional Buildings Construction Category Value (US$ Million), 2006–10 ............................................................................. 84 Table 61: Egyptian Institutional Buildings Construction Category Value Forecast (US$ Million), 2010–15 ............................................................. 85 Table 62: Egyptian Religious Buildings Construction Category Value (US$ Million), 2006–10 ................................................................................ 86 Table 63: Egyptian Religious Buildings Construction Category Value Forecast (US$ Million), 2010–15 ................................................................. 87 Table 64: Egyptian Research Facilities Construction Category Value (US$ Million), 2006–10 ................................................................................ 88 Table 65: Egyptian Research Facilities Construction Category Value Forecast (US$ Million), 2010–15 ................................................................. 89 Table 66: Egyptian Residential Construction Market Value (US$ Million), 2006–10 ................................................................................................. 92 Table 67: Egyptian Residential Construction Market Segmentation By Category (US$ Million), 2006–10 .............................................................. 93 Table 68: Egyptian Residential Construction Market Value Forecast (US$ Million), 2010–15.................................................................................. 94 Table 69: Egyptian Residential Construction Market Segmentation Forecast By Category (US$ Million), 2010–15 ............................................... 95 Table 70: Egyptian New Multi-Family Housing Construction Category Value (US$ Million), 2006–10..................................................................... 96 Table 71: Egyptian New Multi-Family Housing Construction Category Value Forecast (US$ Million), 2010–15 ..................................................... 97 Table 72: Egyptian Residential Building Redevelopment Construction Category Value (US$ Million), 2006–10 .................................................... 98 Table 73: Egyptian Residential Building Redevelopment Construction Category Value Forecast (US$ Million), 2010–15 ..................................... 99 Table 74: Egyptian Single-Family Housing Construction Category Value (US$ Million), 2006–10......................................................................... 100 Table 75: Egyptian Single-Family Housing Construction Category Value Forecast (US$ Million), 2010–15 ......................................................... 101 Table 76: Orascom Construction Industries S.A.E, Key Facts ................................................................................................................................. 102 Table 77: Orascom Construction Industries S.A.E, Major Products & Services ...................................................................................................... 104 Table 78: Orascom Construction Industries S.A.E, History ...................................................................................................................................... 105 Table 79: Orascom Construction Industries S.A.E,, Key Employees ....................................................................................................................... 109 Table 80: The Arab Contractors Osman Ahmed Osman & Co, Key Facts .............................................................................................................. 110 Table 81: The Arab Contractors Osman Ahmed Osman & Co, Major Products & Services ................................................................................... 111 Table 82: The Arab Contractors Osman Ahmed Osman & Co, History ................................................................................................................... 112 Table 83: The Arab Contractors Osman Ahmed Osman & Co,, Key Employees .................................................................................................... 112 Table 84: Engineering Consultants Group, S.A. , Key Facts .................................................................................................................................... 114 Table 85: Engineering Consultants Group, S.A. , Major Services ............................................................................................................................ 115 Table 86: Engineering Consultants Group, S.A. , History ......................................................................................................................................... 116 Table 87: Engineering Consultants Group, S.A. ,, Key Employees.......................................................................................................................... 117

INTRODUCTION



1 Introduction

1.1 What is this Report About?

This report is the result of WMI’s extensive market and company research covering the Egyptian construction Industry. It provides detailed analysis of both historic and forecast construction industry values, at market and category level, analysis of the leading companies in the industry, and major news. “The Future of Construction in Egypt to 2015” provides a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the Egyptian construction value chain and for new competitors considering entering the industry.

1.2 Definitions

For the purposes of this report, the following timeframes apply:

Review period: 2006–10

Forecast period: 2010–15

The total value of construction projects can be broadly segmented into the following sectors, related to the products and service types provided during the project:

Land acquisition and preparation

Planning and feasibility studies

Architectural and engineering design

Construction

o Construction services Labor Project management

o Materials Building products Construction materials

o Construction equipment

Advisory services o Financing o Inspection and testing o Legal

Equipment and furnishings

INTRODUCTION



o Interior products o Exterior products o Industrial equipment

Other

This report focuses on the value of the construction industry, based on the total revenue generated by construction contractors each year.

All data is collected in local currency. To avoid distortions due to currency fluctuations, all conversions into US$, of current, historical and forecast data alike, are made with a yearly average exchange rate. All values in tables, with the exception of compound annual growth rate (CAGR) and compound annual rate of change (CARC) are displayed to one decimal place. Growth rates may, therefore, appear inconsistent with absolute values due to this rounding method.

The key market categories featured in the report are defined below:

Table 1: World Market Intelligence Construction Market Definitions

Market Definition

Commercial construction

Includes the construction of projects such as office buildings, sports complexes such as athletic fields, golf courses and parks, shopping centers and hotels. For reporting purposes, the market is split into five main areas: leisure and hospitality buildings, office buildings, outdoor leisure facilities, retail buildings and other commercial construction.

Infrastructure construction

A range of heavy infrastructure construction projects including, but not limited to, the construction of highways, bridges, tunnels, water lines, sewer lines, pipelines, power and communication transmission lines, dams, dikes, docks, drainage projects, harbors, reservoirs, canals, sewage treatment plants, water treatment plants, subways, and other mass transit projects. For reporting purposes, the market is split into six main areas: energy and communication infrastructure, rail infrastructure, road infrastructure, sewage infrastructure, water infrastructure and other infrastructure projects.

Industrial construction

Consists of the construction, including new build, extensions and major rebuilds, of industrial buildings. The construction of additional structures with similar production processes to industrial buildings, for example incinerators, cement plants, blast furnaces and similar non-building structures is also included. For reporting purposes, the market is split into six main areas: chemical and pharmaceutical plants, manufacturing plants, metal and material processing plants, refinery buildings, storage tanks and waste processing plants.

Institutional construction

Includes the construction of buildings and facilities that do not fall within the remit of commercial construction, but which by nature are not industrial. This includes educational institutions, research facilities, healthcare facilities, and religious buildings. These may be either public or private sector. For reporting purposes, the market is split into five main areas: educational buildings, healthcare buildings, institutional buildings, religious buildings and research facilities.

Residential construction

Includes the construction, renovation and demolition of residential buildings such as houses, townhouses, cottages, condominiums, single-unit dwellings, sub-divisions and apartments. For reporting purposes, the market is split into three main areas: new multi-family housing, residential building redevelopment and single-family housing.

Source: World Market Intelligence Analysis © World Market Intelligence

INTRODUCTION



1.3 Summary Methodology All WMI reports are rigorously sourced and created according to a comprehensive four-stage methodology:

1) Market study

A) Standardization

Market definitions are specified using recognized industry classifications. The same definition is used for every country.

Annual average currency exchange rates are collected for the latest complete year. These are then

applied across both the historical and forecast data to remove exchange rate fluctuations

B) Internal audit

Review of in-house databases to gather existing data: o Historic market databases and reports o Company database o Construction magazine portfolio o Construction projects database

C) Trend monitoring and primary research

Review of the latest construction company and project trends

Biannual surveys using expert panels compiled from across the construction value chain:

o Construction contractors o Equipment and material manufacturers and suppliers o Architects and designers o Project owners and financiers o Project advisors

2) Research

A) Sources

Collection of the latest market-specific data from a wide variety of respected industry sources: o Government statistics o Industry associations o Company filings o Broker reports o International organizations

B) Expert opinion

INTRODUCTION



Collation of opinion taken from WMI journalist interviews of leading industry figures

Analysis of third party opinion and forecasts:

o Broker reports o Industry associations o Construction media o Official government sources

C) Data consolidation and verification

Consolidation of data and opinion to create historical datasets

Creation of models to benchmark data across sectors and geographies

3) Analysis

A) Market forecasts

Feed of forecast data into market models: o Macroeconomic indicators o Industry-specific drivers

Analysis of the WMI Construction Projects Database to identify trends by sector:

o Latest project announcements o Financing shortfalls o Project cancellations and postponements

B) Report writing

Analysis of market data

Discussion of company and industry trends and issues

Integration of survey results

Annual review of financial deal and construction project trends

INTRODUCTION



4) Quality control A) Templates

Detailed process manuals

Standardized report templates and accompanying style guides

Complex forecasting tools used to ensure forecast methodologies are consistently applied

Quality control checklists

B) Quality control process

Peer review

Senior level quality control

Randomized spot checks on data integrity

Benchmark checks across databases

Market data cross-checked for consistency with accumulated data from:

o WMI Construction Projects Database o Company filings

EXECUTIVE SUMMARY



2 Executive Summary Supported by favorable economic reforms such as a reduction in corporate income taxes, the liberalization of foreign trade, the encouragement of foreign investment since 2004 and various stimulus packages offered by the government in order to support the economy during 2008–10, the Egyptian construction industry recorded a significant CAGR of XX% over the review period. However, as a result of current political unrest and slow economic growth projections WMI expects slower industry growth over the forecast period, at a CAGR of XX%.

CONSTRUCTION INDUSTRY ANALYSIS



3 Construction Industry Analysis

3.1 Construction Industry Overview

For a period characterized by a financial crisis and weak economies, the Egyptian construction industry performed strongly, growing by a significant annual average rate of XX% during 2008–10. This was accomplished by the various stimulus packages introduced by the Egyptian government during this period. The first stimulus package worth US$XX billion was announced in October 2008 and a second package worth US$XX billion was announced in the June 2009 budget. In January 2010, the Egyptian Government announced a further stimulus package worth US$XX billion, which included US$XX billion for water treatment projects, US$XX million for social programs, US$XX million for developing land near suburban areas, US$XX million for the development of Cairo's ring road and US$XX million for housing projects. Overall, the construction industry in Egypt grew at an impressive CAGR of XX% during the review period.

CONSTRUCTION INDUSTRY ANALYSIS



3.2 Industry Dynamics

Within the Egyptian construction industry, infrastructure construction was the largest market in 2010, with a share of XX%. In terms of growth, the infrastructure construction market registered the highest review period CAGR of XX% and is expected to record a CAGR of XX% during the forecast period. Industrial construction was the second fastest market during the review period, increasing at a CAGR of XX%.

Figure 1: Egyptian Overall Construction Industry Dynamics By Market (XX), 2006–15

Note: Bubble size represents 2010 market value (US$ million)

Source: World Market Intelligence Analysis /© World Market Intelligence

Note: - The numbers or % figures shown in this graph and the subsequent graphs are dummy.

CONSTRUCTION INDUSTRY DATA



4 Construction Industry Data

4.1 Historic Industry Value The Egyptian construction industry was valued at US$XX billion in 2010, an increase of XX% over 2009. Over the review period, the industry achieved a CAGR of XX%.

Table 2: Egyptian Construction Industry Value (XX), 2006–10

Year US$ Million % Growth

2006

2007

2008

2009

2010

CAGR 2006–10 XX%

Source: World Market Intelligence Analysis / © World Market Intelligence

Figure 2: Egyptian Construction Industry Value (XX), 2006–10





4.2 Historic Industry Segmentation

The largest market in the Egyptian construction industry in 2010 was infrastructure construction, with a value of US$XX billion, equal to XX% of the total construction industry. The second largest market was industrial construction, with a value of US$XX billion, followed by commercial construction, with a value of US$XX billion. Infrastructure construction was the fastest growing market in the Egyptian construction industry during the review period, with a CAGR of XX%, followed by industrial construction with a CAGR of XX%, and institutional construction with a CAGR of XX%.

Table 3: Egyptian Construction Industry Segmentation By Market (XX), 2006–10

Market 2006 2007 2008 2009 2010 CAGR 2006–10

Infrastructure Construction

Industrial Construction

Commercial Construction

Residential Construction

Institutional Construction

Overall Source: World Market Intelligence Analysis / © World Market Intelligence

Figure 3: Egyptian Construction Industry Segmentation By Market (XX), 2006–10





4.3 Industry Value Forecast WMI expects the Egyptian construction industry to value US$XX billion in 2015, compared to US$XX billion in 2010. The industry is forecast to achieve a CAGR of XX% over the forecast period.

Table 4: Egyptian Construction Industry Value Forecast (XX), 2010–15

Year US$ Million % Growth

2010

2011

2012

2013

2014

2015

CAGR 2010–15 XX% Source: World Market Intelligence Analysis / © World Market Intelligence

Figure 4: Egyptian Construction Industry Value Forecast (XX), 2010–15





4.4 Industry Segmentation Forecast

Infrastructure construction is forecast to be the largest market in the industry in 2015, with a market value of US$XX billion and a market share of XX%, an increase of XX percentage points over 2010. The second largest market is forecast to be industrial construction, with a market share of XX%.

Table 5: Egyptian Construction Industry Segmentation Forecast By Market (XX), 2010–15

Market 2010 2011 2012 2013 2014 2015 CAGR 2010–15

Infrastructure Construction

Industrial Construction

Commercial Construction

Residential Construction

Institutional Construction

Overall Source: World Market Intelligence Analysis / © World Market Intelligence

Figure 5: Egyptian Construction Industry Segmentation Forecast By Market (XX), 2010–15


the future of construction in egypt to 2015 · the future of construction in egypt to 2015 market...

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