EGYPT GOVERNMENT GROWTH PLAN MIGHT PULL PAINT AND COATINGS SECTOR OUT OF DOLDRUMS
May 9th, 2014
EGYPT'S paint market is in flux due to the political and economic instability that has raged in the North African country since 2011. This 180 million litre paint market, valued at USD275 million, slumped 10% in 2011, according to paint major Jotun, following the overthrow of President Hosni Mubarak, and has struggled to recover. In the year ahead, following May's presidential elections, growth is expected to remain sluggish, dependent on a rebound in economic activity by the public and private sectors alike.“It looks like 2014 will be the same (in terms of ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.