Egypt's PM Mostafa Madbouly inaugurates 5th Builders of Egypt forum on Sunday

Ahram Online , Sunday 16 Jun 2019

Egypt's Prime Minister Mostafa Madbouly (Photo: Ahram)

Egypt's Prime Minister Mostafa Madbouly is set to inaugurate on Sunday the 'Builders of Egypt' forum, which will be held for its 5th edition and will bring 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 forum, held under the title 'Exporting Egyptian Contracting and Real Estate: A New Future for Investment,' will be attended by the Egyptian Economic Group ministers and 700 pioneers in the sectors of construction, real estate development and financial institutions.

The forum will be held over five sessions to discuss how to promote Egyptian real estate and contracting.

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, held under the sponsorship of Egyptian President Abdel-Fattah El-Sisi, will look at opportunities for Egyptian construction firms to support the reconstruction of war-torn Iraq and Libya.

The 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.

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