MARKET INSIGHT


MENA – Industrial construction project pipeline, projected spending Value by stage ($ millions)


140,000 120,000 100,000 80,000 60,000 40,000 20,000 0


2022 2023 2024 2025 2026 2027 2028  Pre-planning  Planning  Pre-execution  Execution  Construction complete Note: Based on assumption that all projects proceed as planned and that spending is evenly distributed during the construction phase. 2029


MENA – Industrial construction project pipeline By sub-sectors ($ millions)


0


50,000


100,000


150,000


200,000


250,000


300,000


350,000


400,000  Chemical and pharmaceutical plants  Manufacturing plants  Metal and material production and processing plants  Waste processing plants


MENA – Industrial construction project pipeline Funding mode (% of total)


19% 51% 30%


 Private 51%  Public 30%


In December 2024, Hebei Xinfeng Steel, China-based steel manufacturer, announced its plan to invest $1.7bn for the development of an industrial complex in Egypt.


44 | May 2025 | www.hoistmagazine.com  Public/private 19%


450,000


500,000


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