Public sector carries out construction worth EGP 20.6bn in 2014/2015: CAPMAS

Hossam Mounir
2 Min Read
Appeals form is available in local tax offices for those who feel that they are taxed more than necessary. (AFP File Photo)

The construction operations of the public sector increased by 31.3% from fiscal year (FY) 2013/2014 to FY 2014/2015, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The total value of construction works rose from EGP 15.7bn to EGP 20.6bn.

CAPMAS’ Annual Statistical Bulletin of building and construction for public/public business sector companies stated that the total value of implemented residential installations reached EGP 2.4bn in 2014/2015, compared to EGP 1.1bn in 2013/2014, marking an increase of 127.9%.

The total value of healthcare-related installations increased to EGP 306m in 2014/2015 from EGP 154m year-on-year (y-o-y), an increase of 98.2%. Meanwhile, the total value of educational installations reached EGP 389m, compared to EGP 599m in 2013/2014, a decrease of 35.2%.

The report noted that the public/public business sector implemented bridges and tunnels worth EGP 7.8bn in 2014/2015, compared to EGP 5.7bn in 2013/2014—an increase of 35.3%. The total value of water stations and networks reached EGP 2.9bn in 2014/2015, versus EGP 2.4bn in 2013/2014, an increase of 20%.

The total value of implemented sewage plants and sewer systems reached EGP 3.6bn in 2014/2015, compared to EGP 3.2bn in 2013/2014, a 12.7% rise.

The report pointed out that the Upper Egypt governorates’ share of total implemented projects amounted to EGP 3.1bn in 2014/2015, versus EGP 2.6bn in 2013/2014. This is an increase of 18.1%.

Meanwhile, border governorates acquired an increase of 16.7% in total implemented projects, moving from EGP 1.5bn in 2014/2015 to EGP 1.3bn in 2013/2014.

As for the proportion of implementation according to economic activity, CAPMAS explained that administrative activities and support services acquired 39.9% of operations, water supply, and sewage networks, 23.1% of management and treatment of waste, 15.8% of transport and storage, and 0.005% of the activity of food and accommodation services—the lowest percentage in the value of what has been implemented of the projects.

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