The Fastest Growing Economy in the MENA Region was Halted Earlier This Year in the Midst of Revolution and Political Change

Mar 30, 2011, 03:10 ET from IQPC Middle East

DUBAI, UAE, March 30, 2011 /PRNewswire/ -- Before Egypt's historic protests took place in January, Egypt was rapidly becoming a budding economy, witnessing unparalleled population growth, resulting in an equally unparalleled construction growth in order to meet the population's demand.

Now after two months of instability, Egypt is again witnessing a dramatic growth on the stock market with Orascom Construction Industries stocks rising by 8.2% indicating that investors are again banking on the cheap and secure market centred around the North African nation returning to some sense of normalcy.

Now is the time for Egypt to resume its position as a rapidly developing nation. With talks of a new sustainable Egypt, in order to rebuild and build afresh there couldn't be a more pivotal time for industry players to consider optimising sustainable construction practices.

The Egyptian Green Building Council (EGBC) developed its Green Pyramid Rating System last year which recognises the unique ecological, industrial and social challenges of the region and integrates proven methodologies which encourage green building practices. The EGBC's Founding Member, Ayman Mossallem and Co-Ordinator of Technical Secretariat, Manal El Batran will be joining members of other regional green building councils on 11 - 12 April 2011 at Cost-Effective Sustainable Design and Construction Egypt to discuss the future of green building practices as Egypt continues to flourish. This could be a fundamental opportunity for Egypt's construction industry to focus on building appropriately harnessing their budding nation's growth and implement the Egyptian Green Building Council's guidelines.

In order to design and construct new developments sustainably, there are many factors in the construction process that need to be considered. These factors include exploring regional case studies and best-practice sustainable methods, promoting the benefits of cost-effective sustainable design and construction, identifying appropriate materials and technologies for sustainable development and enforcing and measuring sustainable development for communities.

All of these objectives will be addressed by industry leaders at IQPC's Cost-Effective Sustainable Design and Construction Egypt, which will be held at the Radisson BLU Hotel in Cairo from 11-12 April 2011. Further details can be obtained at http://www.sustainableconstructionegypt.com

About IQPC: IQPC provides business executives around the world with tailored practical conferences, large scale events, topical seminars and in-house training programmes, keeping them up-to-date with industry trends, technological developments and the regulatory landscape. IQPC produces more than 1,700 events annually around the world, and continues to grow. Founded in 1973, IQPC now has offices in major cities across six continents including: Bengaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore, Sydney, and Toronto. IQPC leverages a global research base of best practices to produce an unrivalled portfolio of conferences.

    For more information, please contact
    Eileen Grace Espelita
    Marketing Manager
    IQPC Middle East
    +971-4-364-2975
    enquiry@iqpc.ae

SOURCE IQPC Middle East