Crisis of Egypt’s Cement Sector

Source: Egyptian Institute for Studies

Author(s): Ahmed Hafez

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Egypt ranks 14 on the list of the cement producing countries with a production volume of about 60 million tons per year. In early 2016, the government put to bid, through the Industrial Development Authority (IDA), 14 cement licenses which were won by 3 companies, namely, Egyptian Cement Group in Sohag, El Sewedy Cement Company in Al-Ein Al-Sokhna and South Valley Cement Company in Beni Suef.

Cement companies operating in Egypt face major difficulties amid declining demand and surging supply, badly affecting their activity and threatening its continuation.

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