Construction and real estate industry has been evolving over the past years with a large–scale activity. Several infrastructure projects are taking place in Egypt; despite the global financial crisis, real estate and construction industry is still one of the largest economic sectors in Egypt.
Between 2020 and 2030, the industry is predicted to grow strongly and steadily, with real construction industry value expected to increase by an average of 5–10% annually (y–o–y), reaching US$20 billion in 2021. This is a result of the region’s most populous country experiencing strong and sustained demand for infrastructure projects, which is being met with significant government investment and, more importantly, rising private investment.
How can we help?
At TGP Egypt, we can offer support and advice that includes audit and assurance services, tax compliance and tax structuring services to help you optimize long–term financial performance and maximize profitability in a challenging sector.
Our professionals have a deep understanding and extensive knowledge in advising contractors, property management firms, private developers and landlords owning residential and commercial properties.