Egypt Infrastructure Report Q1 2013

Publisher Name :
Date: 12-Dec-2012
No. of pages: 73

BMI View: Once the fog of revolution has cleared, we expect a young and growing population to support

a strong 6.25% real growth between 2013 and 2016. However, with the above in mind, we highlight that

the sheer breadth of projects currently under consideration will require a huge investment drive, and will

be almost wholly reliant on FDI. As such, although we believe that growth will pick up from 2013 and

that ambitious plans to encourage investment pose an upside risk to our forecast, we note that the pace of

development will be restrained by issues pertaining to financing.

Construction activity has suffered throughout 2012, in line with our expectations, and we expect the

industry to face continued challenges in the months ahead. Q112 data revealed that the construction sector

underwent a 9.4% year-on-year (y-o-y) contraction and overall we estimate that sector contracted by

around 6.0% in 2012.

Key trends and developments in the sector:

In November, the European Investment Bank (EIB) approved a EUR600mn loan for the Cairo

Metro-Line 3 project and has released the first EUR200mn tranche. The loan is for the third

phase of the Line 3 construction, extending the existing line by 17.7km, which will include 15

new stations. The first phase of the east-west metro line was inaugurated in February 2012,

running 4.2km, from Attaba to Abbasia in eastern Cairo. The second phase is under construction

and due to be completed by 2014, and the third phase is in the design stage. The loan is for an

extension that will take the line under the Nile to the western sections of Cairo.

In terms of aid, Egypt has been the beneficiary of a significant amount of Gulf Cooperation

Council (GCC) funds since last year's revolution. Egypt has recently received more than US$5bn

in loans and grants, including US$2bn from Qatar, and loans from Saudi Arabia and the Islamic

Development Bank. Representing the widening fiscal deficit and the rising costs of servicing

debt, Cairo has also recently requested for $4.8 billion in emergency funding from the

International Monetary Fund (IMF), and officials in the US have noted that the Obama

administration is close to providing US$1bn in debt relief - at the same time, 50 U.S.

corporations visited Egypt to explore investment opportunities.

It was announced in September that Qatar has agreed to pump a huge US$18bn worth of

investment into the Sinai region of Egypt, supporting our view that the country's construction

industry will pick up dramatically from 2013 onwards. The news came just days after the

Egyptian government revealed that discussions had been held over a vast development plan for

the region, and represents an increasing trend of Gulf - North African cooperation in the

infrastructure space. Noting the risks, we highlight that forthcoming projects will likely be

blighted by a dearth of financing options.

The Egyptian Government has made an annual budgetary provision of US$850mn for new city

infrastructure projects, it was reported in July. The US$850mn figure was disclosed by the

Egyptian Finance Ministry and represents the budget for the New Urban Committees Authority

(NUCA), whose agenda covers the establishment of new cities in the Egyptian periphery. It aims

to direct the population away from the overpopulated capital, Cairo.

Egypt Infrastructure Report Q1 2013

BMI Industry View ........................................................................................................................................... 5
SWOT Analysis ............................................................................................................................................... 7
Egypt Infrastructure Industry SWOT .................................................................................................................................................................... 7
Market Overview ............................................................................................................................................. 8
Competitive Landscape .............................................................................................................................................................................................. 8
Table: EQS Data ................................................................................................................................................................................................... 8
Building Materials ........................................................................................................................................... 9
Global ........................................................................................................................................................................................................................ 9
Middle East .............................................................................................................................................................................................................. 12
Cement Forecasts..................................................................................................................................................................................................... 17
Table: Egypt Cement Production and Consumption Data, 2010-2016 ................................................................................................................ 18
Table: Egypt Cement Production and Consumption Long Term Forecast, 2015-2021 ........................................................................................ 18
Industry Forecast Scenario .......................................................................................................................... 19
Table: Egypt Construction And Infrastructure Industry Data, 2010-2016 ........................................................................................................... 19
Table: Egypt Construction And Infrastructure Long Term Forecasts, 2015-20121 ............................................................................................. 20
Construction and Infrastructure Forecast Scenario ................................................................................................................................................. 21
Transport Infrastructure............................................................................................................................... 24
Outlook and Overview ............................................................................................................................................................................................. 24
Major Projects Table - Transport............................................................................................................................................................................ 27
Table: Major Projects -Transport ...................................................................................................................................................................... 27
Energy and Utilities Infrastructure ............................................................................................................... 29
Outlook and Overview ............................................................................................................................................................................................. 29
Major Projects Table - Energy and Utilities ........................................................................................................................................................... 31
Table: Major Projects - Energy and Utilities ..................................................................................................................................................... 31
Residential/Non-Residential Construction and Social Infrastructure ...................................................... 35
Outlook and Overview ............................................................................................................................................................................................. 35
Major Projects Table - Residential/Non-Residential Construction and Social Infrastructure .................................................................................. 38
Table: Major Projects - Residential/Non-Residential Construction and Social Infrastructure ............................................................................ 38
Risk/Reward Ratings .................................................................................................................................... 41
Egypt's Risk/Rewards ......................................................................................................................................................................................... 41
Rewards .............................................................................................................................................................................................................. 41
Risks .................................................................................................................................................................................................................... 41
Regional Overview ................................................................................................................................................................................................... 42
Middle East Infrastructure Risk/Reward Ratings ................................................................................................................................................ 42
Table: Regional Infrastructure Risk/Reward Ratings.......................................................................................................................................... 46
Company Profiles ......................................................................................................................................... 48
Arab Contractors ................................................................................................................................................................................................ 48
Orascom Construction Industries (OCI) ............................................................................................................................................................. 50
Global Overview ............................................................................................................................................ 53
Methodology ................................................................................................................................................. 60
Industry Forecasts ................................................................................................................................................................................................... 60
Construction Industry ......................................................................................................................................................................................... 61
Data Methodology .............................................................................................................................................................................................. 61
New Infrastructure Data Sub-sectors .................................................................................................................................................................. 61
Construction ....................................................................................................................................................................................................... 63
Capital Investment .............................................................................................................................................................................................. 64
Construction Sector Employment ........................................................................................................................................................................ 64
Infrastructure Risk/Reward Ratings ......................................................................................................................................................................... 65
Table: Infrastructure Business Environment Indicators ...................................................................................................................................... 66
Project Finance Ratings ........................................................................................................................................................................................... 67
Table: Design And Construction Phase .............................................................................................................................................................. 68
Table: Commissioning And Operating Phase - Commercial Construction.......................................................................................................... 69
Table: Commissioning And Operating Phase - Energy And Utilities .................................................................................................................. 70
Table: Commissioning And Operating Phase - Transport .................................................................................................................................. 71
Sources..................................................................................................................................................................................................................... 72Executive Summary ........................................................................................................................................ 5
SWOT Analysis ............................................................................................................................................... 6
France Political SWOT ......................................................................................................................................................................................... 6
France Economic SWOT ....................................................................................................................................................................................... 6
France Business Environment SWOT ................................................................................................................................................................... 7
Global Political Outlook ................................................................................................................................. 8
Europe Security Overview ............................................................................................................................ 13
The Strategic Outlook For The 2010s ...................................................................................................................................................................... 13
Europe In A Global Context ................................................................................................................................................................................ 13
Europe's Key Security Issues Over The Coming Decade ......................................................................................................................................... 13
The Future Of The Eurozone And EU ................................................................................................................................................................. 13
EU Expansion ..................................................................................................................................................................................................... 14
NATO Expansion And Relations With The US .................................................................................................................................................... 14
Post-Qadhafi Libya ............................................................................................................................................................................................. 15
Relations With Russia ......................................................................................................................................................................................... 16
Relations With Turkey ......................................................................................................................................................................................... 16
The Balkans ........................................................................................................................................................................................................ 17
Organised Crime................................................................................................................................................................................................. 17
Islamist Terrorism ............................................................................................................................................................................................... 18
The Greater Black Sea Region ............................................................................................................................................................................ 18
The Armenia-Azerbaijan Dispute ........................................................................................................................................................................ 19
Security Risk Ratings ................................................................................................................................... 21
BMI's Security Ratings ............................................................................................................................................................................................ 21
Table: Europe Security Risk Ratings ................................................................................................................................................................... 21
Table: Europe State Terrorism Vulnerability To Terrorism Index ....................................................................................................................... 22
Political Overview ......................................................................................................................................... 24
Domestic Politics ..................................................................................................................................................................................................... 24
Long-Term Political Outlook ................................................................................................................................................................................... 27
Security Overview ......................................................................................................................................... 29
Internal Security Situation ....................................................................................................................................................................................... 29
Latest Developments ........................................................................................................................................................................................... 31
Timeline: Internal Threats .................................................................................................................................................................................. 31
External Security Situation ...................................................................................................................................................................................... 32
Armed Forces And Defence Industry .......................................................................................................... 34
Defence Decision Making ................................................................................................................................................................................... 34
Grand Strategy .................................................................................................................................................................................................... 34
Order of Battle .................................................................................................................................................................................................... 35
Defence Modernisation ....................................................................................................................................................................................... 40
International Deployments and Joint Exercises .................................................................................................................................................. 45
Table: Principal Deployments Of The French Armed Forces .............................................................................................................................. 48
Weapons Of Mass Destruction ............................................................................................................................................................................ 49
Market Overview ........................................................................................................................................... 51
Arms Trade Overview .............................................................................................................................................................................................. 53
Exports ................................................................................................................................................................................................................ 53
Imports ................................................................................................................................................................................................................ 54
Table: Key Players In The French Defence Industry .......................................................................................................................................... 55
Procurement Trends and Developments ............................................................................................................................................................. 56
Industry Forecast Scenario .......................................................................................................................... 58
Armed Forces ........................................................................................................................................................................................................... 58
Table: France's Armed Forces, 2002-2008, (?000 personnel, unless otherwise stated) ....................................................................................... 58
Table: France Manpower Available For Military Services, 2010-2017, (aged 16-49, unless otherwise stated) .................................................. 58
Table: France's Defence Exports, 2010-2017, (US$mn) .................................................................................................................................... 59
Table: France's Defence Imports, 2010-2017 (US$mn) ..................................................................................................................................... 59
Table: France's Defence Trade Balance, 2010-2017 (US$mn) ........................................................................................................................... 60
Defence Expenditure ................................................................................................................................................................................................ 60
Table: France's Government Expenditure On Defence Industry, 2010-2017 ...................................................................................................... 61
Table: France's Expenditure Scenario - Changing % Of GDP, 2010-2017 (US$mn) ......................................................................................... 61
Macroeconomic Outlook .......................................................................................................................................................................................... 62
Table: France - Economic Activity, 2011-2016 .................................................................................................................................................. 65
Company Profiles ......................................................................................................................................... 66
Dassault Aviation ................................................................................................................................................................................................ 66
DCNS .................................................................................................................................................................................................................. 68
EADS .................................................................................................................................................................................................................. 69
Thales ................................................................................................................................................................................................................. 71
BMI Methodology .......................................................................................................................................... 73
How We Generate Our Industry Forecasts ......................................................................................................................................................... 73
Defence Industry ................................................................................................................................................................................................. 73
Sources ............................................................................................................................................................................................................... 74BMI Industry View ........................................................................................................................................... 7
SWOT Analysis ............................................................................................................................................... 9
France Food Industry SWOT ................................................................................................................................................................................ 9
France Drink Industry SWOT ............................................................................................................................................................................. 10
France Mass Grocery Retail Industry SWOT ...................................................................................................................................................... 11
Business Environment ................................................................................................................................. 12
BMI's Core Global Industry Views .......................................................................................................................................................................... 12
Table: Core Views .............................................................................................................................................................................................. 20
Western Europe Risk/Reward Ratings ...................................................................................................................................................................... 21
Table: Western Europe Q113 Food & Drink Risk/Reward Sub-Factor Ratings (scores out of 10) ...................................................................... 23
Table: Western Europe Q113 Food & Drink Risk/Reward Ratings ..................................................................................................................... 26
France's Food & Drink Risk/Reward Ratings ......................................................................................................................................................... 27
Macroeconomic Outlook .......................................................................................................................................................................................... 28
Table: Economic Activity .................................................................................................................................................................................... 34
Industry Forecast Scenario .......................................................................................................................... 35
Consumer Outlook ................................................................................................................................................................................................... 35
Food ......................................................................................................................................................................................................................... 36
Food Consumption .............................................................................................................................................................................................. 36
Table: Food Consumption Indicators - Historical Data & Forecasts, 2010-2017 .............................................................................................. 37
Prepared Food/Canned Food ............................................................................................................................................................................. 37
Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2010-2017 ........................................................................................ 38
Confectionery ...................................................................................................................................................................................................... 38
Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2010-2017 ....................................................................................... 38
Drink ........................................................................................................................................................................................................................ 39
Hot Drinks .......................................................................................................................................................................................................... 39
Table: Hot Drink Value Sales - Historical Data & Forecasts ............................................................................................................................. 39
Soft Drinks .......................................................................................................................................................................................................... 40
Table: Soft Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017 ........................................................................................... 40
Alcoholic Drinks ................................................................................................................................................................................................. 41
Table: Alcoholic Drinks Value/Volume Sales - Historical Data & Forecasts, 2010-2017 .................................................................................. 43
Mass Grocery Retail ................................................................................................................................................................................................ 44
Table: Mass Grocery Retail Sales - Historical Data & Forecasts, 2010-2017 .................................................................................................... 45
Table: Grocery Retail Sales By Format .............................................................................................................................................................. 45
Trade ........................................................................................................................................................................................................................ 46
Table: Food & Drink Trade Indicators - Historical Data & Forecasts, 2010-2017 ............................................................................................ 46
Food ............................................................................................................................................................... 47
Key Industry Trends And Developments .................................................................................................................................................................. 47
Peltz Plots Changes At Danone .......................................................................................................................................................................... 47
Lactalis Acquires Slovenian Dairy ...................................................................................................................................................................... 49
Bongrain Points To Challenge Of Innovation ..................................................................................................................................................... 49
Campbell Diversifies For Growth In France ...................................................................................................................................................... 50
Doux Files For Receivership .............................................................................................................................................................................. 51
French Food Sector Grew In 2011...................................................................................................................................................................... 51
Inward And Outward Investment Continues ....................................................................................................................................................... 52
Bonduel Demonstrates Emerging Market Appetite ............................................................................................................................................. 52
Market Overview .....................................................................
  • Packaging Sector Driven By Innovation
    The financial development in numerous emerging nations has significantly influenced the progress of quite a lot of sectors, the packaging industry being one of them. The swell in transport undertakings outfitting to a substantial number of industries such as manufacturing, consumer goods, food and beverages, and others rest essentially on sturdy and resilient packaging solutions [...]
  • Global Eyewear Market To Gain From Increased Demand For Disposable Contact Lenses
    The global eyewear market was worth US$ 102.66 billion in 2015 and is predictable to reach US$ 184.03 billion by 2024. The rising population and upsurge in the number of optical disorders are likely to propel the industry in the near future. Moreover, the increasing cognizance amongst people as regards to the prominence of eye [...]
  • Global mHealth Market To Become A Multi-Billion Dollar Industry By 2020
    The mHealth market is in its embryonic stage and is projected to produce substantial profits with amassed awareness level and encouraging regulatory guidelines particular to the quality and practicality of mobile-based medical devices. The global mHealth market is projected to touch US$ 49.12 billion by 2020 rising at a CAGR of 47.6% from 2013 to 2020. Monitoring services [...]
  • Efficacy of Stand-alone Power Sources Drive The Global Distributed Energy Generation Market
    The global market for distributed energy generation is expected to magnify at a momentous CAGR of 11.4% between 2016 and 2020. The small-scale generation of electricity, oscillating from a few kilowatts to multitudes of megawatts, is denoted as distributed energy generation. In this process, power is usually produced using renewable resources or by generators during consumption. [...]
  • Global Organic Food Market Makes A Mark in Developed Economies
    Buyers throughout the world are becoming more and more health cognizant, which has occasioned in an alteration in their palates and inclinations. The global organic food market was worth US$88.1 billion in 2015 is anticipated to record a CAGR of over 16% between 2015 and 2020. Amongst the various different food products available, the fruits [...]
  • China Direct Flight Torpedo Market Research Report 2017
    Published: 18-Jan-2017        Price: US 3200 Onwards        Pages: 97
    Notes: Sales, means the sales volume of Direct Flight Torpedo Revenue, means the sales value of Direct Flight Torpedo This report studies Direct Flight Torpedo in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering - Atlas Elektronik - BAE Systems - Lockheed Martin - Raytheon - Saab - Bharat Dynamics Limited (BDL) - DCNS......
  • China Line Guided Torpedo Market Research Report 2017
    Published: 18-Jan-2017        Price: US 3200 Onwards        Pages: 100
    Notes: Sales, means the sales volume of Line Guided Torpedo Revenue, means the sales value of Line Guided Torpedo This report studies Line Guided Torpedo in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering - Atlas Elektronik - BAE Systems - Lockheed Martin - Raytheon - Saab - Bharat Dynamics Limited (BDL) - DCNS -......
  • China Torpedo Market Research Report 2017
    Published: 18-Jan-2017        Price: US 3200 Onwards        Pages: 97
    Notes: Sales, means the sales volume of Torpedo Revenue, means the sales value of Torpedo This report studies Torpedo in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering - Atlas Elektronik - BAE Systems - Lockheed Martin - Raytheon - Saab - Bharat Dynamics Limited (BDL) - DCNS - Honeywell International - Le......
  • Global Terrestrial and Mobile Lidar Market Professional Survey Report 2017
    Published: 12-Jan-2017        Price: US 3500 Onwards        Pages: 129
    Notes: Production, means the output of Terrestrial and Mobile Lidar Revenue, means the sales value of Terrestrial and Mobile Lidar This report studies Terrestrial and Mobile Lidar in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with p......
  • China Military Electro Optical and Infrared Systems Market Research Report 2017
    Published: 12-Jan-2017        Price: US 3200 Onwards        Pages: 104
    Notes: Sales, means the sales volume of Military Electro Optical and Infrared Systems Revenue, means the sales value of Military Electro Optical and Infrared Systems This report studies Military Electro Optical and Infrared Systems in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering - Lockheed Martin - Instro - L3 Communication Holdings - No......
  • Global Thermal Power Torpedo Market Professional Survey Report 2017
    Published: 10-Jan-2017        Price: US 3500 Onwards        Pages: 127
    Notes: Production, means the output of Thermal Power Torpedo Revenue, means the sales value of Thermal Power Torpedo This report studies Thermal Power Torpedo in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, rev......
  • Global Torpedo Market Professional Survey Report 2017
    Published: 10-Jan-2017        Price: US 3500 Onwards        Pages: 128
    Notes: Production, means the output of Torpedo Revenue, means the sales value of Torpedo This report studies Torpedo in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacture......
  • Global Self Guided Torpedo Market Professional Survey Report 2017
    Published: 10-Jan-2017        Price: US 3500 Onwards        Pages: 128
    Notes: Production, means the output of Self Guided Torpedo Revenue, means the sales value of Self Guided Torpedo This report studies Self Guided Torpedo in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue a......
  • Global Smart Weapons Market Research Report 2017
    Published: 09-Jan-2017        Price: US 2900 Onwards        Pages: 120
    Notes: Production, means the output of Smart Weapons Revenue, means the sales value of Smart Weapons This report studies Smart Weapons in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering - Rheinmetall AG - Lockheed Martin - General Atomics - AeroVironment ......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs