Prime Minister Mostafa Madbouly inaugurated on Sunday the ‘Builders of Egypt’ forum, which is held for its 5th edition, bringing together 14 presidents of African construction unions and 500 executives of major companies and financing institutions to develop a comprehensive vision for executing major development projects in Africa
The Prime Minister said the real estate sector played a key role in creating job opportunities for Egyptian youth and increasing national income over the past 5 years.
In his word before the Forum held under the auspices of president Abdel Fattah El-Sisi, Madbouly added: “We need to enter the foreign market in the real estate sector to export these important products، as Egypt has great potentials in this field”،.
“The Egyptian government is keen to support this important sector during the coming period”، the prime minister assured.
The forum is held under the title of “Exporting Egyptian Contracting and Real Estate: A New Future for Investment”, in the presence of the Ministers of the Economic Group and 700 pioneers in the sectors of construction, real estate development and financial institutions.
The forum will also discuss ways to speed up infrastructure projects carried out by the public and private sectors, including the building of railways, seaports, and other projects that help boost sustainable development in Africa.
Participants will offer Egypt’s vision on mega projects in Africa as well as necessary coordination between funding bodies, the private sector, and the governments.
The gathering will look at opportunities for Egyptian construction firms to support the reconstruction of war-torn Iraq and Libya.
The ‘Builders of Egypt’ Forum is one of the largest and most important events in the construction industry in Egypt.
It has been held annually since 2014, under state support, with a view of improving the investment environment in the field of construction and comprehensive development.