Engineering Opportunities in Various Industries

An Expert's View about Building Products and Construction in Egypt

Posted on: 15 Oct 2011

Egypt’s Electricity Ministry has an estimated plan up to the year 2027 aiming to add 57,000 MW power plants, 77,000 MVA substations and 244,000 kilometres transmission lines with different voltages. The allocated funds for this plan are estimated to be 110 Billion US Dollars. This will be reflected in huge demand over electric, gas and diesel generators and related equipments.

Sector briefing Engineering Opportunities in Egypt Why Egypt? ? The sector has witnessed tremendous ? Egypt has the largest population in the progress in export levels and inward Arab world (approximately 80 million) investment flows and currently accounts and is the fourth-largest economy. Real for around 17% of national GDP, there GDP growth has averaged 7 percent for are 26,000 formally registered industrial the past 3 years. In 2008/2009, it establishments employing 2.4m slowed down to 4% due to impact of workers. Electric home appliances, global financial crisis but started to glass, textiles are leading the growth. grow to 5.5% in the first quarter of 2009/2010. ? In addition to the traditional industrial ? Events in Egypt since January 2011, sectors, such as clothing, textiles, and the transition to democracy, have furniture, paper and pharmaceuticals, had a negative impact on the economy. the government has targeted six areas Economists forecast that overall growth for special attention where it is believed for FY 2011 will be around 3% rather that Egypt has a major competitive than the 5.7% which had been advantage. These areas are engineering expected. machinery and equipment, labour- intensive consumer electronics, ? The transition government has placed a automotive components, life sciences, real emphasis on the need to accelerate biotechnology and handicrafts. economic reform alongside democratic developments and improve further the ? Most of the local engineering products climate in Egypt for international are assembled with a very small real investment. manufacturing percentage and components are imported from Asia for ? Egypt strategic location in the centre of price competitiveness. MENA region (800 million people) is bridging the three continents of Asia, For more information about our market Africa and Europe. It is the hub for the please visit Egypt page at: world?s maritime traffic with commercial www.ukti.gov.uk/egypt. ports on the Mediterranean and Red Seas. ?the government has special ? Egypt is signatory to many regional and international Free Trade agreements attention for engineering which reduce or wave completely the machinery and equipment, custom duties on exported / imported labour-intensive consumer goods. electronics, automotive ? The corporate and individuals income components, life sciences, taxes are maximum 20%. biotechnology and handicrafts.?? UK Trade & Investment Sector briefing: Engineering opportunities in Egypt Opportunities ? Egypt?s Electricity Ministry has an estimated ? The engineering sector in Egypt is starved plan up to the year 2027 aiming to add of design, innovation and creativity, 57,000 MW power plants, 77,000 MVA elements that UK companies excel in. substations and 244,000 kilometres transmission lines with different voltages. ? Egypt imports most of its needs of The allocated funds for this plan are industrial equipment; conveyor belts, estimated to be 110 Billion US Dollars. This automatic control units up to complete will be reflected in huge demand over production lines and turn key factories. electric, gas and diesel generators and related equipments. ? To cope with the increasing population and GDP there is a growing demand for the ? Construction investment is expected to following: increase to about US$7.3bn by 2015 -Construction equipment and electric home creating more opportunities for construction appliances. equipments, home appliances and digital -Tractors for agriculture. controls. -Pumps for water & oil & Gas, generators, switchgears, energy saving lighting and ? Ministry of Transport has plans to invest control panels for Electricity. around US$ 2 billion in the next years to -Dies, tools and fixtures for industry. improve, develop, renew and establish a - Machines for Textile, food & beverage, new system of signalling for the entire packaging, pharmaceutical, medical and network of Railways (about 6700 Km). automotive. -Audio / video equipment for Cinema and ? There are over 50 international Oil & Gas video production (Egypt is considered as companies currently operating in Egypt (for Hollywood of the Middle East). example, Apache, Devon, ENI, BP, BG, - Signalling and monitoring systems for Shell) and more than 400 services railways and traffic control. companies and approximately 143 - Cranes and forklift for ports and storage operating rigs. They import all their logistics. equipment needs from their international - Automatic Control systems, pumps, supply chain vendors. valves, HSE equipment and monitors, drills, rigs and tubes for Oil & Gas sector You can be alerted to business opportunities on exploration & refineries. a regular basis by registering on the UKTI website. Find out more on UKTI?s business opportunities service on the UKTI website UK Trade & Investment Sector briefing: Engineering opportunities in Egypt UKTI contacts Major events and activities Sonia ELKATTAN ASHRAE Senior Adviser, Trade & Investment www.agd-exhibitions.net British Embassy 7 Ahmed Ragheb St, Garden City, Cairo, Egypt Tel 00 20 22 791 6000 ELECTRICX POWER Fax 00 20 22 791 6130 www.electricx-egypt.com; Email sonia.elkattan@fco.gov.uk www.egytec.com www.ukti.gov.uk Marwa Hussein Cairo International Fair Adviser, Trade & Investment www.cairofair.com British Embassy 7 Ahmed Ragheb St, Garden City, Cairo, Egypt Tel 00 20 22 791 6000 New export events are added daily to the site Fax 00 20 22 791 6130 and you can register to be alerted to them on a Email: marwa.hussein@fco.gov.uk daily, weekly or monthly basis www.ukti.gov.uk UKTI?s Tradeshow Access Programme (TAP) Gary Hunt provides grant support for eligible Small & Medium Deputy Director, Trade & Investment, Sized Enterprises (SME's) to attend Egypt trade shows overseas. Find out more about British Embassy UKTI support for attendance at overseas 7 Ahmed Ragheb St, Garden City, Cairo, Egypt events. Tel 00 20 22 791 6061 Fax 00 20 22 791 6130 Email: gary.hunt@fco.gov.uk www.ukti.gov.uk UK Trade & Investment Sector briefing: Engineering opportunities in Egypt Next steps - How UKTI can help ? Arranging appointments British companies wishing to develop their ? Organise seminars or other events for business in the Egyptian market are advised to you to meet contacts and promote your undertake as much market research and company in the Chinese market planning as possible in the UK. UKTI?s team in Egypt, with its wide local knowledge and This work is available via our Overseas Market experience, can provide a range of services to Introduction Service (OMIS) a chargeable British-based companies wishing to grow their service which assists British-based companies business in global markets. wishing to enter or expand their business in overseas markets. This can include: ? Provision of market information To find out more about commissioning this ? Validated lists of agents/distributors work, or accessing other UKTI services and ? Key market players or potential specialist advice, please visit the UKTI website customers in the Chinese market to find contact details for your local UKTI ? Establishment of interest of such office. contacts in working with you Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2011 by UK Trade & Investment. Crown Copyright © You may reuse this information (not including logos, images and case studies) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit www.nationalarchives.gov.uk/doc/open-government-licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gsi.gov.uk This publication is also available from our website at www.ukti.gov.uk or for more information please telephone +44 (0)20 7215 8000. UK Trade & Investment Sector briefing: Engineering opportunities in Egypt
Posted: 15 October 2011

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