This document provides an overview of Egypt's economy and major infrastructure projects. It highlights key facts about Egypt such as its large population, strategic location, competitive costs, and diversified economy. Mega projects discussed include the Suez Canal Economic Zone and its industrial zones, ports, and focus on sectors like ICT and renewable energy. Major transportation infrastructure projects outlined are the new high-speed railway system connecting Cairo to Suez, Sharm El-Sheikh and Saudi Arabia, as well as expansion of Cairo's metro network.
2. 100 Million
⢠Total Population
22.5% Corporate tax
⢠With no double taxation in over 90
countries according to tax treaties
Strategic location
@the heart of the world trade
⢠One of the best economies in IRR for foreign
investors
⢠Competitive cost of production factors
⢠Quality cost competitive work force
⢠Diversified economy with various economic
sectors
⢠Resilient economy to external & internal shocks
⢠Continuous investment climate reforms
⢠Supportive legislative environment
⢠Improving infrastructure
1.6 Billion consumers
⢠Through preferential free trade
agreements
Egypt : Your Investment Destination
3. PAGE 3
Egypt Country Profile
ď§ Population : 100,914,240 (worldometers)
ď§ Growth Rate : 2.56%
ď§ Capital City : Cairo
ď§ Area : 1 million sq. km
ď§ Major language : Arabic
ď§ Major religion : 82% Muslims & 18% Christians
ď§ Population Distribution : 38.7 % of the population is urban, 61.3% is rural
ď§ GDP per Capita: $ 10,319 (2016)
Source: Egypt Capmas
4. AGRICULTURE IN EGYPT
PAGE 4 SOURCE : HTTPS://EN.WIKIPEDIA.ORG/WIKI/WATER_RESOURCES_MANAGEMENT_IN_MODERN_EGYPT
Land resources
*Total cultivated area 8 million acres
*Land ownership & farm size
- More than 90% less than 2 acres(mainly
in the Delta & Nile valley)
- New Land average ownership more than 5
acres
- Mega projects 3-4 million acres ( on
progress) in different location with very large
ownership
5. PROMISING SECTORS
PAGE 5
Agribusiness Engineering and
Electronics
Health care Logistics Mining ICT
Petrochemicals Pharmaceuticals Real estate and construction Retail Textile
Tourism Renewable
energy
Automotive
8. Ain Sokhna
⢠Creation of one of the largest industrial and port complexes globally. Industrial Development of over 16,250
hectares supporting light medium and heavy manufacturing activities, as well as commercial and business
activities.
East Port Said
⢠Development of East Port Said Port into a major transshipment hub and a thriving gateway port.
⢠4,000 hectares earmarked for light and medium manufacturing, commercial and business activities and a
new urban area.
West Qantara
⢠Administrative center of Suez Canal zone. Specialized clusters for R&D activities in both ICT and
renewable energies in Ismailia City and also in East Ismailia.
⢠Agri-processing and related logistics center, dry port and other light manufacturing activities supported at
Qantara.
⢠Development of urban areas at Qantara and New Ismailia City â capacity to host over 350,000 residents.
Mega projects
The Suez Canal Economic Zone
A new chapter in the
economic development
of Egypt.
All imports are
exempted from duties
and sales
One Stop Shop to ease
all procedures
PAGE 8 HTTPS://WWW.SCZONE.EG/
9. Mega projects
The Suez Canal Economic Zone
Pâorts & Logistics
Investment opportunities in the development of Ain
Sokhna Port and East Port Said Port and the associated
terminals and facilities: container terminals, bulk and
general cargo terminals, logistics, warehousing and
distribution centers as well as dry ports.
The 6 ports are :
- West Port Said Port: The port is located at the northern
entrance of the maritime corridor of Suez Canal
- East Port Said Port: The port is located at the northern
entrance of the maritime corridor of Suez Canal.
- Ain Sokhna and Adabia ports
- El Tor Port: planned to be developed in later stages
- Arish Port: planned to be developed in later stageâ
resPAGE 9 HTTPS://WWW.SCZONE.EG/
10. Mega projects
The Suez Canal Economic Zone
PAGE 10 HTTPS://WWW.SCZONE.EG/
Maritime Services
With over 17,000 ships passing through the Suez Canal every year, the Suez Canal Economic Zone is ideally located for
the development of maritime related activities including ship building and ship repair services, bunkering, vessel scrapping
and recycling.
Industrial Zones
The industrial zones of Ain Sokhna, East Port Said, Silicon Valley and Qantara provide vast land areas for light, medium
and heavy industry. Potential opportunities are available in pharmaceuticals, food processing, automotive, electronics,
textiles, petrochemicals and other industries.
ICT
With a rapidly-expanding and well- recognized ICT industry in Egypt, the Suez Canal Economic Zone offers investors high
quality facilities to engage in research and development, of software and other activities.
Renewable Energy
The renewables sector is highly promising with strong potential for solar and wind farm development, and for the
establishment of clean energy industries.
11. Mega projects
Three main mining anchors in Upper Egypt
(Qena,Quseir &Safaga) ( limestone,
phosphate rocks, glass sand, shale rocks,
and gold) generating multiple industrial
zones with total area of 840 thousand
feddans, developing the area for tourism,
industrial, commercial and agriculture
opportunities.
Golden triangle
Expanding the footprint of Egypt beyond
traditional Nile Valley and Delta region.
Developing the land for agriculture
associated activities like logistics and agro
industries.
Project is planned to be implemented on 3
phases.
1.5 Million Acres
12. Mega projects
Cluster for furniture built on 333
Acres, includes 2000 workshops,
55 factories, aiming at modernizing
Egyptâs furniture industry in addition
to stimulating exports.
Damietta Furniture City
The logistics center will be located
on 3,350 square kilometers of land in
Damietta in the Delta area.
The project includes building storage
silos and two new quays that will be
able to receive large shipments at
Damietta Port.
Damietta Logistics center for grain
14. GDP FROM CONSTRUCTION IN EGYPT
PAGE 14
Source: Ministry of planning
GDP From Construction in Egypt increased to 59846.30 EGP Million in the fourth quarter of 2018 from 43844.30 EGP Million in the
third quarter of 2018. GDP From Construction in Egypt averaged 23047.06 EGP Million from 2007 until 2018, reaching an all time
high of 59846.30 EGP Million in the fourth quarter of 2018 and a record low of 5524.40 EGP Million in the second quarter of 2018.
15. GDP FROM MINING IN EGYPT
PAGE 15
Source: Ministry of planning
GDP From Mining in Egypt increased to 93349.60 EGP Million in the fourth quarter of 2018 from 63190.50 EGP Million in the third
quarter of 2018. GDP From Mining in Egypt averaged 67227.07 EGP Million from 2007 until 2018, reaching an all time high of
109152.20 EGP Million in the first quarter of 2018 and a record low of 52089.80 EGP Million in the third quarter of 2016.
16. GDP FROM TRANSPORT IN EGYPT
PAGE 16
Source: Ministry of planning
GDP From Transport in Egypt increased to 47847.80 EGP Million in the second quarter of 2018 from 37545.80 EGP Million in the first
quarter of 2018. GDP From Transport in Egypt averaged 20993.66 EGP Million from 2007 until 2018, reaching an all time high of
47847.80 EGP Million in the second quarter of 2018 and a record low of 11148.90 EGP Million in the first quarter of 2008.
17. CONSTRUCTION PROJECTS
PAGE 17 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
New Administrative Capital
A large scale project located 45 km east
of Cairo aiming at reducing pressure
on Greater Cairo.
The master plan is to create a global
city with smart infrastructure for
Egypt's future, which will provide a
multitude of economic opportunities
and offer a distinct quality of life.
New Cairo's FY 2018/19 budget totals EGP 16.5bn
18. CONSTRUCTION PROJECTS
PAGE 18 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
New Damietta
The new city of Damietta is one of the most
promising tourist attractions. It represents
a huge achievement in the field of
reconstruction and the establishment of
new urban communities that contribute to
facing the problems of urbanization in
Egypt and the structural restructuring of
Egypt's population map by establishing
urban launching areas in new centers
suitable for localization of projects.
Humans are no longer on the farmland .
Investment (4.108) billion pounds
19. CONSTRUCTION PROJECTS
PAGE 19 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
West El-Negaila City Matrouh, Egypt
he project will involve the establishment of a
tourist city and an economic center, as well
as a port and logistics, industrial, and
residential areas. The development of the
project is planned to be done in three stages
over the next 10 years. The first phase of the
project includes the construction of a port as
well as the first phase of the logistics and
industrial zones. The project will include 42
fish tanks, residential area will include 1,000
housing units, and the project will also
include military and commercial ports.
Investment (10) billion pounds
20. CONSTRUCTION PROJECTS
PAGE 20 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
Alamein new city
A new model for Egyptian coastal cities
that achieve integrated development.
The city is famous for witnessing several
World War II battles. The project is on the
Northwest coast and represents
approximately 12.8% of the total area of
Egypt. 48000 Acres. The project will attract
investments in the tourism, agriculture,
industrial, commercial, and educational
sectors.
The projectâs budget is EGP 2b
21. CONSTRUCTION PROJECTS
PAGE 21 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
Development of Sinai Peninsula
South Sinai
The project involves the development of Sinai
Peninsula. It will include comprehensive
network of roads, residential and industrial
developments, four water desalination plants,
hospitals and sewage networks. Including the
completion of the Sinai Peninsula 17 housing
units, including 11 in North Sinai and 6 in South
Sinai, besides establishing and paving El-Gedy
Road to support development in the middle of
Sinai Peninsula, and to facilitate transportation
of goods and products from the projectâs area
to the Suez Canal through renovating the
relevant road.
Investment (16) billion pounds
22. CONSTRUCTION PROJECTS
PAGE 22 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
Nabta University - Borg El Arab, Alexandria
The project involves construction of a college
town to offer 10 programs, all of which are
affiliated with the top international universities
in their respective fields: Engineering,
Biotechnology, Dentistry, Pharmacy, Physical
Therapy, Applied Medical Science, Business
and Economics, Mass Media, Foreign
languages and Linguistics, in addition to
Maritime and Logistics Management. It will
include construction of schools and training
centers.
Investment (4 ) billion pounds
23. CONSTRUCTION PROJECTS
PAGE 23 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
"Bashayer El Khair 1" Project in Alexandriaâs Gheit El Enab
district
"Bashayer El Khair" serves as an
integrated system and is the outcome
of thorough planning and honest
cooperation with the civil society.
It sets a unique example of social
integration that should prevail among
the people without adding to the
financial burdens of the State.
The projectâs budget is EGP 2b
24. CONSTRUCTION PROJECTS
PAGE 24 SOURCE: SIS âSTATE INFORMATION SYSTEMâ
New Luxor
It lies south east of Luxor city .It is about
14.8 km far away Tiba city, The total area of
ââthe city is 8976.75 acres and the Expected
population is 200 thousand inhabitants,
The government intends to renew the
marina of Luxorâs east and west bank and
provide it with international shops,
restaurants, cafes and malls & an
international stadium that change Luxor
into an integrated city.
The projectâs budget is EGP 2b
25. PAGE 25 SOURCE: MOT
US$642 BILLION IN RAILWAY INVESTMENTS SET OUT IN THE MIDDLE EAST,
NORTH AFRICA, CENTRAL ASIA AND SOUTH ASIA
28. RAILWAY PROJECTS
PAGE 28 SOURCE: HTTP://WWW.PROJECTSFOREGYPT.COM/RAILWAY-PROJECT.HTML
New HS Railway System for Egypt (Cairo-Suez-Sharm-Medina)
Phase I
To construct 1255 km of tracks, 44 Stations (1 Hub station, 3 Airport Terminal Stations, 40 small stations).
New Routes:
Cairo â 6th of October (45 km) HS or Non-HS
Cairo â 10th of Ramadan + to Ismailia (100 km) Non-HS (In parallel with the new housing delta project)
Cairo â Suez (125 km) HS (In parallel with the new housing delta project)
Suez â Sharm Elsheikh (335 Km) HS
Sharm Elsheikh â El-Madina (700 km) HS â On the Saudi side.
Ismailia â Marsa Alam (650 Km) HS
29. RAILWAY PROJECTS
PAGE 29 SOURCE: HTTP://WWW.PROJECTSFOREGYPT.COM/RAILWAY-PROJECT.HTML
New HS Railway System for Egypt (Cairo-Suez-Sharm-Medina)
Phase II
West bound
1. 6th of October to North Coast (Alexandria)
2. North Coast cities and on to Libya
South bound
1. Port Said to Ismailia
2. Elbaz Development Corridor
Approximate cost for the whole project of one line.
Tracks: 2.510 Billion
Trains: $100 Million
Stations: $340 Million
30. ALEXANDRIA REGIONAL METRO
PAGE 30
⢠Phase one of the project is located in Alexandria, Egypt to connect Abu Kir station to Misr station. The
whole line is comprised of 18 stations of 3 types: Over track: 5 stations
⢠At grade: 8 stations
⢠Elevated: 5 stations
All stations are designed to permit easy exchange of passengers.
Works included:
⢠Architectural
⢠Structural works
⢠Mechanical works
⢠Plumbing works
⢠Electrical works
Source: National Authority for Tunnel
The projectâs
budget is: $1.5 b
31. ALEXANDRIA-TO-ASWAN HIGH- SPEED RAIL LINE
PAGE 31
Project investment: $3.5 for Phase 1, Phases 2 and 3 TBC
Key stakeholders: Egyptian National Railways (ENR)
Ministry of Transport
Project initiation date: March 2014
Estimated project completion date:
TBC (3-5 years for Phase One, 8 years for Phase 2, 5 years
for Phase 3)
Source: National Authority for Tunnel
32. ALEXANDRIA-TO-ASWAN HIGH- SPEED RAIL LINE
PAGE 32
Project Details:
Egyptâs government has ambitious plans for the development of its entire national transport infrastructure
but the current railway projects underway are by far the most expansive and impressive.
In March 2014, Egyptâs transport minister Ibrahim El-Demeiry said that the proposed 1,087km Alexandria-
to-Aswan high-speed rail line would be âa top priorityâ. After feasibility studies and created action plans,
current proposals see the construction of the line in three distinct phases: Alexandria to Cairo, Cairo to
Luxor and Luxor to Aswan.
The first of three construction phases for this extensive new line will be the Cairo-Alexandria line which
will take an estimated five years to complete at a cost of $3.5 billion, ultimately boasting an annual
capacity of 10 to 18 million passengers.
The second phase involves a Cairo- Luxor line that accommodates 25 to 30 million passengers a year
and finally Phase 3 will be the Luxor- Aswan line which is expected to be completed in five years, though
cost analysis and feasibility studies are ongoing.
Source: National Authority for Tunnel
33. CAIRO METRO NETWORK LINES 3 AND 4
PAGE 33 Source: National Authority for Tunnel
Project investment: $2.7 billion for Line
3, $3.6 billion for Line 4
Key stakeholders: National Authority for
Tunnels
Project initiation date: 2007
Project completion date: Late 2016 for
Line 3, Late 2018 for Line 4
34. CAIRO METRO NETWORK LINES 3 AND 4
PAGE 34 Source: National Authority for Tunnel
Project details:
With nearly 20 million inhabitants, Cairo is one of the most heavily populated cities in the world and as it
expands further it requires greater public transport coverage and efficiency in order to keep it moving. The
Cairo Metro was the first of its kind to be built in Africa, with the first two lines opening in 1990 and 1997
respectively.
Two more lines are planned, as work on the 33km-long Line 3 began in 2007 and nears completion. Its 29
stations will connect Cairo Airport in the east to Imbaba and Mohandisseen in the west, crossing the downturn
area and Heliopolis. Construction work on Line 4 will quickly follow after the completion of Line 3.
Further expansions are in the early stages of planning after these two lines are complete, and by 2020 ENR
analysts predict that the expanded Cairo Metro network will comprise of six operational lines that will carry up
to 5 million passengers every day.
In addition to the new lines, the Egyptian Company for Metro Management and Operation envisages a signify
overhaul of specific sections of the metroâs carriages in order to provide a âpremiumâ service. These upgraded
carriages could potentially offer internet access and the ability to reserve seats through the use of a dedicated
metro smart card system.
35. CAIRO METRO NETWORK LINES 5 AND 6
PAGE 35 Source: National Authority for Tunnel
Project investment: TBC
Key stakeholders: National
Authority for Tunnels,
Ministry of Transport
Project initiation date:
TBC
Project completion date:
TBC
36. CAIRO METRO NETWORK LINES 5 AND 6
PAGE 36 Source: National Authority for Tunnel
Project details:
The Ministry of Transport also has long-term plans for extending
the Cairo Metro network even further, with a fi and sixth line.
While the costs and timings of these projects are yet to be fully
determined, the vision for these two extensions is already in
place. Line 5 will run from Nasr City through Heliopolis and up to
Rod El-Farag, encompassing 17 underground stations.
Line 6 will connect El Khosous City near the Ring Road to New
Maadi and will include 24 stations both over and underground.
38. The Gross Domestic Product (GDP)
38
(GDP) in Egypt was worth 235.37 billion US dollars in 2017. The GDP value of Egypt represents 0.38 percent of the world
economy. GDP in Egypt averaged 76.57 USD Billion from 1960 until 2017, reaching an all time high of 332.90 USD Billion in
2016 and a record low of 4 USD Billion in 1962.
Resource: www.iif.com
39. The Gross Domestic Product per capita
39
(The Gross Domestic Product per capita in Egypt was last recorded at 2785.37 US dollars in 2017. The GDP per Capita in
Egypt is equivalent to 22 percent of the world's average. GDP per capita in Egypt averaged 1542.04 USD from 1960 until
2017, reaching an all time high of 2785.37 USD in 2017 and a record low of 631.10 USD in 1960.
Resource: www.iif.com
40. Fuel Subsidies & (%) of GDP
40
As part of the reformation plan, the Government reduced subsidies as a means to reallocate spending to other investments
that promote long term economic development. For FY 2018/2019, the Government aims to reduce the budget deficit as a
percentage of GDP to 8.4%, compared to a current budget deficit of 9.8% through further reductions in energy subsidies.
Resource: World Bank
41. Real GDP inflation rate % change
41
Resource: IMF, World Bank, Fitch Solutions
42. EGP/USD Rate:
42
Resource: IMF, World Bank, Fitch Solutions
0
5
10
15
20
25
Feb-14
May-14
Aug-14
Nov-14
Feb-15
May-15
Aug-15
Nov-15
Feb-16
May-16
Aug-16
Nov-16
Feb-17
May-17
Aug-17
Nov-17
Feb-18
May-18
Aug-18
Nov-18
Feb-19
The CBE floated the EGP in November 2016 and introduced a floating exchange rate as a means to increase foreign currency
reserves. Foreign currency reserves have increased to $44.1bn in May 2018 up from a low of $19bn in October 2016 as a result of
the currency flotation, leading to a stabilization of EGP.
43. Current Account Balance, 1991-2018 Fiscal Balance, 1991-2018
43
The currency has nearly stabilized at the new, sharply depreciated rate under a managed float regime with some positive impact on export
receipts (especially tourism), growth has risen to 5.3%, unemployment is down but remains stub-bornly high at 10%, global financial markets
have responded with strong inward capital flows, inflation has declined after a spike, to around 12%, while the current account and fiscal
deficits have narrowed, the former substantially.
44. FDI (Foreign Direct Investment)
44
Resource: IIF
Foreign Direct Investment in Egypt increased by 2873.30 USD Million in the third quarter of 2018. Foreign Direct Investment in
Egypt averaged 2481.93 USD Million from 2002 until 2018, reaching an all time high of 5572.50 USD Million in the fourth quarter
of 2007 and a record low of 40.70 USD Million in the second quarter of 2002.
45. Ease of doing business in Eypt
45
127 128 126 126 122 128 120
2012 2013 2014 2015 2016 2017 2018
Ease of Doing Business Ranking
Egypt ranked as one of the most improved countries in the World Bankâs latest Ease of Doing Business report by jumping up 8
spots, to rank 120 out of 190 countries. Egypt improved in starting a business, getting access to credit, protection for minority
investors, resolving bankruptcy and paying taxes.
Source: IIF
51. THE WORLD'S THREE LARGEST POWER PLANTS OPERATING AT A COMBINED CYCLE COST OF 6 BILLION EUROS
AWAY FROM THE COST OF FUEL DELIVERY PIPES AND OPERATING COST
PAGE 51
Beni Swif
El Porols
Administrative
Capital
53. EGYPTIAN MISTRAL AIRCRAFT CARRIER WAS ORIGINALLY BUILT FOR RUSSIAN ARMY, BUT THE DEAL WAS
SUSPENDED DUE TO DIFFERENCES BETWEEN RUSSIA AND THE EUROPEAN UNION. EGYPT INTERVENED AND WAS
THE ALTERNATIVE BUYER AND AGREED WITH THE RUSSIAN SIDE TO PROVIDE THE CARRIER WITH A NUMBER OF
SUPER-POWERFUL ATTACK HELICOPTERS
PAGE 53
54. ONE OF THE 35 SEGMENTS IS THE LARGEST SOLAR PROJECT IN THE WORLD WITH A CAPACITY OF 2000
MEGAWATTS AND THE COST OF 3 BILLION EUROS. THE CONSTRUCTION OF A NUMBER OF OTHER STATIONS IN
DIFFERENT GOVERNORATES OF THE MICROSCOPES
PAGE 54
55. PRESIDENT OF SIEMENS MIDDLE EAST: EGYPT HAS
ONE OF THE LATEST ENERGY SYSTEMS IN THE WORLD
PAGE 55
CNBC- LINK:
https://www.cnbc.com/video/2019/04/07/siemens-
siersdorfer-egypt-has-one-of-the-most-modern-
energy-systems.html?__source=sharebar
57. EGYPT IMPORTS A LARGE NUMBER
OF BUSES THAT WORK WITH
ELECTRICITY AND IS PREPARING TO
MANUFACTURE 4000 BUSES IN
COOPERATION WITH CHINA WITHIN
THE SCHEME TO RELY ON MASS
TRANSPORT IN THE COMING YEARS
PAGE 57
58. LARGE PROJECTS FOR ESTABLISHMENT OF LARGEST WIND FARMS IN THE MIDDLE EAST IN
RED SEA, SUCH AS PROJECT OF WIND STATION OF GIANT OIL MOUNTAIN WITHIN
SCHEME OF EXPLOITING ALL RESOURCES OF THE STATE OF SUN AND WIND
PAGE 58
65. FROM ASWAN- SOLAR
SCHOOL RECENTLY
INAUGURATED IN
CONJUNCTION WITH
ESTABLISHMENT OF THE
WORLD'S LARGEST SOLAR
POWER PLANT IN
BENNABAN TO CREATE A
GENERATION OF EXPERTISE
TO MANAGE AND OPERATE
SOLAR POWER PLANTS IN
EGYPT
PAGE 65