Transcription of THE CONSTRUCTION SECTOR IN EGYPT DEVELOPMENT …
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THE CONSTRUCTION SECTOR IN EGYPT DEVELOPMENT …
THECONSTRUCTIONSECTOR INEGYPT: DEVELOPMENT ANDCOMPETITIVENESSSEPTEMBER2003 2003 Business Studies & Analysis Center. All rights reserved. Unauthorized reproduction, copying, re-mailing, storage or Web-site posting is information in this report is verified to the best of the Author s and the Publisher s BSAC 2003 ACKNOWLEDGMENTThe researcher wishes to express deep appreciation and gratitude to the following expertsfor their support and valuable comments throughout the preparation of this study:Ahmed Abdel Warith (Dr.), Senior Vice President, Ahmed A. Warith Consulting Eng. (AAW)Ahmed H. Sabbour (Eng.), Partner & Managing Director, Al-Ahly Real EstateDevelopment Mohamed El Sayed (Eng.), Chairman, National Company for CONSTRUCTION & DEVELOPMENT (NCCD)Gamal El-Saeed (Dr.), General Manager, Sadco Engineering WorksHussein Khattab (Eng.), Country Manager, BechtelHussien Sabbour (Eng.), Chairman, Al-Ahly Real Estate DEVELOPMENT Hassouna, Expert and Supervisor, Valuation and Financial Analysis Unit,Public Enterprise Office (PEO).
EXECUTIVE SUMMARY The construction sector is one of the most dynamic sectors in the Egyptian economy and has been growing rapidly since the 1980s. In 2000, the Egyptian construction
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