Page 20 - EGYPT - En Vol.4 HD
P. 20
E gypt
Snapshot of E gypt 18
Second Pillar:
Population
Egypt is the most populous country in
the Arab world and the third densely
populated country in Africa after Nigeria
and Ethiopia. Companies operating in
Egypt benefit from the advantage of
the high proportion of the labor force
lying in the target age group compared
to other segments in the availability
of work force in various economic
sectors, and this feature support market
attractiveness regarding labor-intensive
projects on the long term. The steady
population growth in Egypt is the main
driver of sustainable economic growth,
as it represents a large and growing
consumer base and provides high
resilience for economic activity in crisis
times.