Egypt’s exports of building materials rose 7.1% year on year (YoY) in 2022, Egyptian Minister of Trade and Industry Ahmed Samir said on the sidelines of the inauguration of Egypt Projects and Windorex exhibitions on May 6th. Exports of the building materials industry amounted to nearly $6.982 billion last year, up from $6.516 billion in 2021, the minister highlighted. The building materials industry is one of the national economy’s strategic sectors, Samir noted, adding that Egypt is one of the top producers of building materials and equipment in the Middle East. This move aims to benefit from the available commercial opportunities as well as meet the demand for different products of building materials from several countries, including Kenya, Ghana, Djibouti, Morocco, Saudi Arabia, Jordan, and Iraq, the minister explained. The events bring together several companies operating within the building materials and construction industry, including the production of marble, cement, ceramics, paints, and glass.

Source: The North Africa Journal May 07, 2023 22:19 UTC