Egypt: looking to the future
While the Egyptian cement market has contracted in the past three years and cement industry investment projects have led to overcapacity, forecasts indicate that demand growth is expected to resume in 2020. Meanwhile, the cement industry is increasing its efforts toward sustainable production. By Dr Noha Bakr, Egypt.
Continued plant investment is expected to increase Egypt’s
grey cement capacity to surpass 83Mta by the end of this year
As Egypt is a developing, highly-populated country, the construction and building materials sector accounts for a large share of the economy, estimated at 5.9 per cent. The cement industry represents one per cent of total GDP, almost 10 per cent of Egypt’s manufacturing GDP, and provides 50,000 direct and 200,000 indirect jobs.
