DUBLIN--(BUSINESS WIRE)--The "Middle East and Africa Construction Industry Databook Series - Market Size & Forecast by Value and Volume across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering.
Growing investment in the infrastructure industry is driving the constructions sector growth in Egypt
Over the last few years, the Egyptian government has invested heavily in the construction of infrastructure projects across the healthcare and transport sectors, among others. This trend is expected to continue further in the country. For instance,
- In March 2022, the Ministry of Planning and Economic Development announced that the country is planning to undertake several strategic road projects in FY 2022-23. Notably, the plan includes the construction of ten transverse axes on the Nile as well as the establishment of 18 overpasses. The FY 2022-23 plans also include the expansion of the metro network along with the construction of 47 stations of the express train project.
- Over the last three years, the country has completed 289 healthcare projects involving a total cost of US$526 million. These projects included the construction of new hospitals across the country.
Infrastructure construction projects launched in Q3 2022 are expected to drive industry growth in the Kingdom
The Kingdom has planned several new infrastructure construction projects over the next few years. The spending on these construction projects is expected to support the industry growth along with the ongoing construction activities of major projects such as NEOM. For instance,
- In August 2022, Saudi Arabia launched the Rua Al Madinah project to boost the pilgrimage and travel sector in the Kingdom. Notably, the infrastructure project aims to consolidate Madinah's position as a cultural and Islamic destination. The construction project, which aligns with Saudi Arabia's Vision 2030, is developed and implemented by PIF-owned Rua Al Madinah Holding Company. Notably, the project involves the rehabilitation of 1.5 million square meters and the addition of 47,000 hotel rooms by 2030.
- In August 2022, Saudi Arabia also started the construction of the Jeddah Central development project. The US$20 billion infrastructure project involves the construction of four landmarks, including a museum, a sports stadium, a coral farm, and an opera house. Moreover, at least 17,000 houses for citizens and over 3,000 hotels and tourism sites are also to be built.
The construction of 10 recreational and tourist areas will also assist the industry growth in the Kingdom.
Infrastructure investment is expected to drive the construction industry growth in the Emirates
Emirates is developing its transportation network at a greater speed and is using innovative methods to reach its ambitious goals. At the same time, the country boasts some of the tallest buildings and innovative cityscapes. All of these factors are driving the infrastructure investment in the country, thereby assisting the construction industry growth. For instance,
- Led by the Dubai Roads and Transport Authority (RTA), the Shindagha Corridor Project involves the development of a 13 km long road network along Al Mina, Sheikh Rashid Street, Al Khaleej, and Cairo Streets in Dubai. Notably, the infrastructure project has been broken down into five different phases, which include the construction of a 295 m bridge. The investment for the project is AED 5 billion or US$1.37 billion. Notably, all five phases are projected to be completed by 2027.
- Currently, the United Arab Emirates has several transportation and road infrastructure projects in the pipeline, which also include the US$2.7 billion Sheikh Zayed double-deck road scheme. Alongside these construction projects, there are some more unconventional projects, including the US$5.9 billion hyperloop project between Dubai and Abu Dhabi.
These infrastructure projects are projected to keep driving the growth of the construction industry in the Emirates from the short to medium-term perspective.
This report provides data and trend analyses on the middle eastern and African construction industry, with over 100 KPIs. This is a data-centric report and it provides trend analyses with over 1,500+ charts and 1,200+ tables. It details market size & forecast, top cities construction data, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
This title is a bundled offering, comprising 10 country reports.
- Country Report 1 - Turkey Construction
- Country Report 2 - United Arab Emirates
- Country Report 3 - Saudi Arabia
- Country Report 4 - Egypt
- Country Report 5 - Nigeria
- Country Report 6 - Qatar
- Country Report 7 - South Africa
- Country Report 8 - Oman
- Country Report 9 - Tanzania
- Country Report 10 - Kenya
Scope
Each country report covers the following:
Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025. KPIs covered include the following:
- Market size by value
- Market size by volume of construction
- Number of units
Cities Construction Data
Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Housing type (multi family, single family)
- Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Price point/income level (luxury, mid-tier, affordable)
- Construction stage (new construction, re-development & maintenance)
Residential Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Green building by Housing type (multi family, single family)
- Green building by Key cities (Tier - 1, Tier - 2, Tier - 3 segmentation)
- Green building by Price point/income level (luxury, mid-tier, affordable)
Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Office (further broken down by Grade A, Grade B, and Grade C)
- Retail (further broken down by Grade A, Grade B, and Grade C)
- Hospitality (further broken down by Grade A, Grade B, and Grade C)
- Restaurant (further broken down by Grade A, Grade B, and Grade C)
- Entertainment
- Sports facility
- Construction stage (new construction, re-development & maintenance)
Commercial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Office green building construction
- Retail green building construction
- Hospitality green building construction
- Restaurant green building construction
- Entertainment green building construction
- Sports facility green building construction
- Other commercial green building construction
Industrial Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units)
Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Healthcare construction
- Educational construction
- Public sector
- Construction stage (new construction, re-development & maintenance)
Institutional Green Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
- Healthcare green building construction
- Educational green building construction
Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
- Marine and inland water infrastructure
- Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
- Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
- Construction stage (new construction, re-development & maintenance)
Green Infrastructure Construction: 10- year market size & forecast in value terms
Reasons to buy
- In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of Middle East and Africa building and infrastructure construction industry.
- Top Ten Cities Construction Value Data of each country
- Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
- Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
- City Level Insights: Get city level trend analyses by tier-1, tier-2, and tier-3 cities.
For more information about this report visit https://www.researchandmarkets.com/r/6lwyw8
