IP considerations when investing in Egypt
With a population growth rate of 2.25%, Egypt has the second biggest population in Africa, as well as the third-largest economy. The Egyptian government is promoting investment in all economic sectors and is already a continental leader in some. For instance, Egypt is the largest construction market in Africa, with more than $350 billion of active projects.
Just under half (48%) of active projects are represented by the real estate sector. The energy and transport sectors take up second and third places with 18% and 17%, respectively, of active projects.
The five top projects in Egypt are described below:
Egypt is racing to build an impressive new capital city in the desert east of Cairo. This $58 billion project will promote residential, commercial, government, universities, entertainment, leisure and transport sectors and is set for completion by 2023.
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