Page 20 - TRIMBLE PR REPORT - December 2023

past 35 years, housing 32 million people and is planning

to build 14 new towns to address the prevalent housing

supply shortage. Currently, real estate projects under
construction in Egypt reached a value of USD 500 billion

by the end of the first half of 2023, as per industry

reports. These figures reflect that the country’s real

estate landscape has been growing at an accelerated

pace, which will further offer greater prospects.

Embracing Sustainability

Following the global trend, Egypt’s construction sector is

focusing on eco-lodges, nature reserves and other

sustainable infrastructures. By promoting such projects,

the country seeks to create a balance between its

tourism activities and environmental conservation
efforts, while highlighting its natural wealth. For instance,

initiatives such as green building designs and renewable

energy installations are gaining momentum in the

industry, as the Egyptian government aims to secure the

country’s position as a preferred global tourist
destination while addressing pressing environmental

concerns.

Similarly, the country is facing a necessity to improve its

water supply and sanitation systems in popular

destinations as the influx of tourist increases.

Construction planners have to efficiently design systems
that are environmentally friendly as well as meet global

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