Aside from the recent troubles in Gaza threatening war in the Middle East, decades of population growth and unplanned urban sprawl have taken their tole on Egypt’s economy.
The Government is building several cities, including a new capital, one million low-cost homes, plus an infrastructure of highways and bridges.
This bustling regeneration has helped Egypt remain in growth in 2020, despite the economic shock of the Coronavirus pandemic.
However, some people are not happy. Citizens have been displaced and lost their homes to the building work. Others have seen their neighbourhoods transform too quickly. Analysts wonder how much of a difference the infrastructure boom will make while economic problems persist.
+INFO: Global Fleet