Egypt sees 69% rise in building material exports in April
Egyptian Export Council for Building Materials has plans to increase building exports further within the coming months – report
The export of Egyptian building materials touched a record of 3.49 billion Egyptian pounds ($392.7 million) in April, marking a 69% increase on the same month last year, reports Amwal Al Ghad.
According to the chairman of the Egyptian Export Council for Building Materials, Walid Gamal Eldin, the increase was due to the procedures adopted by the trade ministry to enhance exports.
Eldin also added that the council has a plan in place to increase building exports further within the coming months, however it depends on the collaboration with the Lebanese business council in Africa.
The council is set to participate in promotional campaigns later this month in Côte d’Ivoire and Congo in cooperation with the Lebanese side.
Eldin also said that the council plans to activate relations with Gulf states undertaking large real estate projects, thus creating more opportunities for Egyptian building manufacturers.
