Housing - International Trade
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Construction is one of the most active sectors of the Egyptian economy, the sector accounts for 7% of national GDP.
The current President is determined to improve infrastructure, committing £4.16 billion during her administration. Construction is currently experiencing a 15% growth rate.
With 36.8% of the Chilean market, the U.S. is the single largest supplier of the Chilean construction industry.
Total imports of building products to Japan for the eight-month period from January to August 2011 increased 14.4% to 763.2 billion yen (about US$9.91 billion at 77.00 yen/US$), compared to 667.0 billion yen (about US$7.60 billion at 87.78 yen/US$) for the same period in 2010.
There are a glut of major and diverse new projects, including high-end real estate, tourist and leisure developments, infrastructure projects, and social housing. There is an increasing demand for housing to cope with the increasing population (is expected to double in the next 25 years to 160m).
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