The Future is now!

The Ready Mix Concrete industry has been growing substantially in Egypt in the last few years. Despite the setback caused by the global pandemic and the financial crisis, the future is promising.?

The COVID-19 pandemic has had a huge impact on the global economy, and Egypt has been no exception. The sudden outbreak of the COVID-19 pandemic in 2020 had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of Ready Mix Concrete.

Nevertheless 2022 has seen a steady recovery, and The global ready-mix concrete market is projected to grow from?USD $792.2 billion in 2021 to USD $1,374.2 billion by 2028. This is extremely encouraging for Quicrete, as the company is prepared to grow as the Egyptian (and global) economies are on the rebound.?

The expanding construction industry in Egypt is supporting Quicrete’s market growth, there are however, tremendous and unparalleled challenges that we are facing, as there’s a shift on the economic scenario as well as in the competition. In our favour we have the rising population in country, which is generating a high demand for housing and creating an inherent need for residential structures. The country is also experiencing growing investment in the private and public sectors, as governmental organisations take the lead on creating new construction opportunities.?

Quicrete is aiming high - we want to grow further and we are in the process of biding for high profile projects such as supplying concrete for the construction of highways, bridges, roads, urban infrastructures, real estate, commercial buildings and others. Our expert team is already working on various plans to engage with developers that are going to be the ones drawing the future of our country.?

High-end investment in urbanization projects in East and West Cairo are also contributing for further considerable growth of the RMC market. Coupled with these we have provided to our own staff: high labour benefits, such as use of modern equipment, reduction of labour hours and support on their personal needs, all of which are impacting the business positively, thereby leading to high growth.?

“We can clearly say that Quicrete is now on “the right place and at the right time” when it comes to advancing its plans to become a major player in the RMC industry in Egypt – commented Quicrete’s CEO – during a visit to one of our new batch plants.?

At Quicrete we are very excited to say that 2022 - despite being a challenging year -will see our business to grow substantially, as we take on even bigger projects, as well as working together with local developers to make sure we give something back to the communities.?

We are aware that the demand for ready mix concrete in the construction industry in Egypt has increased - due to rise in demand for versatile building materials and increase in concern toward strong construction. Furthermore, rapid population growth and urbanization – especially in Cairo - is expected to have a dramatic effect on the increased demand for jobs, housing, energy, clean water, food, transportation infrastructure, and social services.

Due to this, construction companies are adoptive for cost-effective, environment friendly housings and buildings to ensure the highest standards and uniform quality, which can be met by adopting ready mix concrete, and Quicrete is here to help them.

We see a bright future for Quicrete and we are ready for it!?