Builders of Egypt 2024 to unleash export potentials for Egyptian key industries on Sept 22
The ninth edition of the Builders of Egypt Forum, held under the patronage of Prime Minister Moustafa Madbouly, will focus this year on expanding the export of Egyptian construction, building materials, and real estate development services.
Under the rubric: Unleashing the Potential of Egyptian Companies for Regional Growth, the Forum is taking place on September 22, with the aim to leverage Egypt’s recent achievements in urban development and infrastructure to attract international investment.
The Forum will bring together a high-level delegation of more than 400 government officials, business leaders, and industry experts to discuss opportunities for Egyptian companies in regional development projects. It will focus on the Arab region and Africa, exploring potential collaborations in construction, infrastructure, energy, and technology.
The event is organised by Exlnt Communications, an affiliate to United Media Services (UMS), and supported by the African Federation for Construction Contractors’ Association (AFCCA). It will address challenges and opportunities related to the export of Egyptian construction and building materials. Participants will discuss strategies for deepening economic co-operation with regional countries and capitalising on the growing demand for infrastructure development.
With the Egyptian construction market estimated to reach $50.78 billion in 2024 and building materials exports reaching $5.6 billion in the first seven months of the year, the Forum aims to position Egyptian companies as key players in regional development initiatives.
The Builders of Egypt Forum proposes establishing partnerships and alliances with foreign entities to support the export of Egyptian construction and building materials. Given the current global economic instability and its impact on emerging markets, the Forum aims to identify strategies for overcoming challenges and ensuring sustainable growth in these sectors.
Moreover, the Forum will feature representatives from Arab countries, including Saudi Arabia, Libya, and Iraq to discuss development and reconstruction strategies for the region, focusing on establishing clear partnerships between Egyptian and regional entities.
The event will also feature representatives from leading international financial institutions, including the Islamic Development Bank (IsDB), the African Development Bank (AfDB), and the Arab Bank for Economic Development in Africa (BADEA). These institutions play a crucial role in supporting development projects and helping countries achieve their development goals.
The Forum will also discuss opportunities for Egyptian companies to expand their operations in foreign markets. Many of these companies have gained valuable experience through their participation in Egypt’s large-scale urban development projects, which have showcased advanced construction techniques and technologies. It will explore how Egyptian companies can leverage this expertise to compete in international markets. It will explore how these companies can leverage their expertise and innovative approaches to compete effectively in international markets. Topics will include the development of contracting companies’ methods, the adoption of new technologies, and adherence to international quality standards.
Builders of Egypt Forum aligns with the sustainable development strategies of African and Arab governments. As these countries seek to expand their economies through urbanisation and industrialisation, the Forum aims to provide opportunities for Egyptian companies to contribute to their development plans.
The Forum, a leading event in Egypt’s construction sector, has been held annually since 2014. It brings together various stakeholders, including contracting companies, real estate investors, energy firms, and building materials manufacturers. It focuses on discussing the year’s development plans and identifying opportunities for Egyptian companies to participate in national projects.
The event also plays a vital role in promoting sustainable development within the Egyptian construction sector. It seeks to improve the investment environment, develop implementation mechanisms for national projects, and contribute to amending relevant laws and regulations.
