The summit, inaugurated by Cairo Governor Atef Abdul Hameed and chaired by ECG Vice President Dr. Nevine AbdelKhalek, was held concurrently with two exhibitions hosted at the same venue: the International Exhibition for Construction and Building Materials “BATIMAT Egypt”.

During the summit, on behalf of the Prime Minister Sherif Ismail Housing Major General Mostafa Al-Agouzon who was present on behalf of the Minister of housing stated that there are great investment opportunities in new cities, including residential projects. In the same context, he pointed out that large pieces of land are being offered to investors, which represents a paradigm shift in the housing scheme adopted in Egypt.

On behalf of the Environment Minister, Dr. Sherif Abdul Raheem stressed the importance of following environmental and green building codes in the design and construction of buildings. He also emphasized the need to employ modern technologies that help rationalize the use of water and energy.

On behalf of the President of the Administrative Capital for Urban Development Co. Major General Ahmed Zaki Abdeen, Administrative Capital Spokesperson Brigadier General Khaled Al-Husseiny gave a video presentation highlighting the progress and level of achievement within Phase 1 of the Administrative Capital. The presentation also shed light on investment opportunities within Phase 2.  

Major General Ahmad Fouad Ahmed, Director of the Cairo Governorate Network Information Center, stressed the importance of utilizing geographic information systems in land surveying activities.

Mr. Mamdouh Badreldin, President of the Real Estate Chamber of the Federation of Egyptian Chambers of Commerce, highlighted the importance of investing in commercial projects, such as hotels, resorts, and shopping malls.

On the first day of the summit, ECG’s Technical Specifications Department Manager Ehab Al-Sharkawy participated in a panel discussion titled “How to Get an Approved Vendor List.” Moreover, ECG’s Senior Design Architect Ahmed Hassab participated in a session addressing “Double Curved Façade Engineering & Fabrication” as part of a workshop titled “Façade Engineering.”

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The summit, chaired by ECG Vice President Dr. Nevine AbdelKhalek, was held under the auspices of the Ministry of Trade & Industry, in the presence of Advisor to President for National & Strategic Projects Ibrahim Mehleb, Arab Contractors Federation President Fahd Ben Mohamed Al-Hammady, and Deputy Minister of Housing, Utilities & Urban Communities Dr. Ahmed Darwish, along with 120 investors from 15 Arab countries. ECG had a top-level delegation that included ECG Chairman Amr Allouba, President & CEO Mohamed Abdel Moneim, Senior Vice President Emad Kadry, Chief Strategy & Corporate Development Officer Ahmed Singer, Projects Management Division Head Amr ElGayar, and Business Development Division Head Moheb Marcos.

The summit agenda focused on the future of investment in Egypt, with emphasis on integrated construction, which takes into account the requirements of various stakeholders. Discussions also addressed the prospect of adopting a new approach to engineering design in such a way that renders buildings accessible to all, with special care for the needs of physically challenged individuals.

Other topics included green buildings and façade engineering, with examples of ECG projects implemented in compliance with green building codes using sustainable building materials.

In his opening speech, Mr. Allouba pointed out that ECG had been enthusiastic about organizing the summit as the topics under discussion closely agree with ECG’s vision, mission, and values.

On his part, Mr. Al-Hammady announced that the Arab Contractors Federation is currently studying the establishment of an Arab engineering design firm specialized in consulting services. He added that the federation aims at encouraging cooperation among Arab firms on the transfer of expertise and collective funding of mega projects in the Arab World.

In his speech, Dr. Darwish stressed that slums and informal settlements represent a great opportunity for real estate developers, consulting firms, and contractors, with the aim of converting these areas into sophisticated residential compounds according to modern-day standards.

A session chaired by Egyptian Businessmen’s Association (EBA) Executive Director Mohammad Youssef discussed the challenges facing modern construction and ways to bridge the gaps between contractors, consultants, and owners. Another session was chaired by EBA Construction Committee Chairman Fathallah Fawzy to address the prospects of real estate development in Egypt.

In an announcement about ECG’s future plans aimed at promoting the construction industry in Egypt, Dr. AbdelKhalek revealed that ECG will co-organize three other major conferences in the next few months.

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The event, to be held on 9 to 11 March 2017 at the Cairo International Convention & Exhibition Center, is organized by the Arabian German Exhibitions & Publishing Ltd (AGEX) and Reed Expositions. It is set to host a large number of delegates from Egyptian and foreign construction companies, together with representatives from the UAE Business Professional Women (BPW) club and ECG Engineering Consultants Group in the presence of Dr. Ahmed M. Darwish, Chairman of the General Authority for Suez Canal Economic Zone.

During the press conference, AGEX Chairman Ahmed Megahed highlighted the evolution of building and construction exhibitions in Egypt. He stressed the importance of holding the 2^nd Egypt Projects Summit, along with its five exhibitions, jointly with the Batimat Egypt building industry show.

Egypt Expo & Convention Authority CEO Mohammed Mahmoud Sami encouraged all construction firms to participate in the summit and its associated exhibitions. He stated that Egypt is a promising country for investments in the construction sector.

On her part, ECG Vice President Dr. Nevine AbdelKhalek, in her capacity as Organizing Committee Chair of the 2^nd Egypt Projects Summit, pointed out that the topics to be discussed at the summit will focus on investing in Egypt’s major projects.

BPW Board Member Mohamed Montasir stated that Egypt’s unique location provides the foundation for its position as a major hub for investments in the construction industry. He added that recent presidential decrees, coupled with the new Investment Law passed by the Egyptian Parliament, will open up investment opportunities for a larger number of investors in the Egyptian construction industry.

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With ECG Vice President Dr. Nevine AbdelKhalek as Organizing Committee Chair, the “2nd Egypt Projects Summit” aimed at highlighting investment opportunities in the building and construction sectors, with a special focus on construction projects available in the Administrative Capital, Suez Canal Corridor, and Upper Egypt. The 2017 edition of the world-famous building industry fair “Batimat” was organized by Reed Exhibitions, a leading event management firm whose experience of organizing Batimat fairs dates back to 1959.

Held under the patronage of Egyptian Prime Minister Sherif Ismail, the “Batimat Egypt Projects Summit 2017” had range of government officials and public figures, including Housing & Urban Communities Minister Dr. Moustafa Madbouly; Advisor to President for National & Strategic Projects Ibrahim Mahlab; Head of the General Authority for Suez Canal Economic Zone Dr. Ahmed Darwish; French Ambassador to Egypt Andre Baran; Beni
Suef Governor Sherif Habib; President of the General Confederation of Algerian Enterprises Dr. Saida Neghza; Côte d’Ivoire’s Deputy Minister of Industry Adou Assale; and Projects Advisor to the Government of Cameron Mr. Ogunbusola Solomon.

The summit and fair witnessed participation from more than 300 investors, consultants, contractors, and representatives of private- and public-sector organizations, including the Egyptian Export Council for Building,
Refractory & Metallurgy Industries and the Egyptian Commercial Service. The “Batimat
Egypt 2017” fair had more than 400 exhibitors from various construction firms.
Countries represented in the summit and fair amounted to a total of 30 countries, including Cameroon, Angola, Côte d’Ivoire, Ghana, Nigeria, and Senegal, side by side with an excellent representation of North Africa(Algeria and Morocco), as well as the Gulf Region. The event also witnessed the participation of 23 French construction firms
specialized in developing sustainable cities. During the summit proceedings, the delegations of West African countries were keen to establish communication and business channels in Egypt.

In his speech, Dr. Mustafa Madbouly stated that investments in Egypt have been rapidly increasing over the past two years. In the process, an area amounting to 3,000 feddans was put forward for investors at the Administrative Capital site, and a total of 140,000 pieces of land were made available for citizens in the last two and
a half years, as opposed to only 28,000 pieces in the preceding seven years. He also pointed out that 540,000 social housing apartments are currently under construction as part of the “One Million Housing Units” Project. By providing a million and a half jobs, the construction sector has contributed to a reduction in Egypt’s unemployment rate by 1%.

In his speech on behalf of the Minister of Environment, Dr. Mohammad Salah asserted that the ministry is highly interested in promoting investments in green building, environmentally friendly construction, and renewable energy.
On his part, Dr. Ahmed Darwish emphasized the need for regulatory laws revitalizing the investment climate in Egypt.

As an example to follow, he cited the case for the Suez Canal Corridor Project, in which the licensing process is completed in only three days, and tracts of land along the corridor are put on sale at a price of USD 1 to 3 per square meter under a 50-year usufruct system. He added that Al-Arish Port has great potential for investments in the entire Sinai Peninsula. On her part, Dr. Saida Neghza emphasized the need for revisiting the Egyptian-Algerian “economic
map” and called for establishing a common market to enhance cooperation between the two countries in all fields of interest.

In his speech, Beni Suef Governor Sherif Habib summarized the investment opportunities available in Beni Suef in the construction sector. He asserted that there is ample opportunity in the projects of water and wastewater networks, the hospitality industry, and the entire New Beni Suef City located on the eastern bank of the Nile.

The “2nd Egypt Projects Summit” was concluded with a recommendation of selecting Egypt as the host country of the upcoming “Batimat Middle East” fair scheduled on the agenda of Reed Exhibitions.

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