Egypt Oil and Gas, Construction, Transport, Industrial, Power and Water Projects, H2 2020 Report with COVID-19 Impact Update – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Egypt Projects, H2 2020 with COVID-19 Impact Update – MEED Insights" report has been added to ResearchAndMarkets.com's offering.
Egypt continues to be one of the few Projects markets in the Middle East and North Africa (MENA) region to have continued to grow over the past three years during a period of lower oil prices. This is thanks mainly to strong population growth, recent gas finds, and a government firmly focused on infrastructure investment.
Nonetheless, the country like every other has been hard hit by Covid-19. Contract awards for the first half of the year were less than a third of the total for 2019 as a whole (although only just below the six month total for the same period last year). Therefore, there will have to be a considerable increase in contract awards in the third and fourth quarters if Egypt is to match last year's total.
Much will hinge on continuing fast-track development of the new administrative capital and other new cities like El Alamein as well as the necessary transport and utilities investments required to service them. Naturally, much will also depend on the ultimate economic and human impact of the coronavirus pandemic, at least in the short term.
Looking further ahead, the outlook for the local Projects, market is optimistic. Chinese investment will play a key role, but foreign investment in general will be central to success of the market going forward. This is in turn will require political and currency stability and a continuing commitment from the government to ensure Egypt remains attractive and open to foreign investment.
Reasons to Buy
- This report analysis will help you to create strategy and business plan for the years ahead.
- Long term Projects, market forecast
- Summary and lists of future project opportunities
- Analysis of key trends, market drivers and opportunities by country and sector
- Top clients and contractors ranking
Key Topics Covered:
- Executive Summary
Egypt Country Overview
- Egypt Projects Market
Impact of COVID-19
- Oil and Gas
- Power and Water
For more information about this report visit https://www.researchandmarkets.com/r/6j2ezg
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900