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CMCS expects Egyptian construction boom

by CW Staff on Feb 21, 2010

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Samman:
Samman: "These are very exciting times for Egypt's project driven industries."

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CMCS, a provider of project management software, has opened offices in Cairo and Alexandria, in anticipation of robust growth in construction spending.

Without citing its sources, the company predicted that the country’s construction market would be worth US $7.3 billion in 2015.

“These are very exciting times for Egypt’s project driven industries, particularly the construction segment,” said Bassam Samman, CEO and founder of CMCS. “The government’s efforts to introduce investment-friendly policies and incentives, and the focus on developing basic infrastructure have led to an overwhelming increase in foreign investment projects.

“To help reinforce [the government’s] efforts, CMCS is affirming its support by introducing project portfolio management solutions to Egypt’s growing number of organisations. The adoption of a project management-based system will allow these organisations to be at the peak of their performance and encourage more growth and productivity for the sectors they represent.”

CMCS is a project portfolio management solutions provider for project-based businesses. It is an authorised representative of Oracle Primavera’s line of Enterprise Project Portfolio Management Applications in the Middle East, as well as Hard Dollar, Deltek, EcoSys, ADePT, eTimeMachine, and Synchro.

It is also a registered education provider for the Project Management Institute, the Association for the Advancement of Cost Engineering, the Construction Specifications Institute, and the International Institute of Business Analysis.

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