Construction accounts for around 8 per cent of the total employment in Egypt, with about 100 different industries linked to the sector. The local construction workforce of around 1.2 million is currently the largest in the Middle East. With its population growing at 1.9 per cent a year, Egypt is set to augment local housing construction even further. This, combined with government initiatives to enhance housing finance and higher disposable incomes, will continue to build up the residential segment.
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