Two years after tumultuous regime change in Egypt, global construction firms in-country and outside are once again watching whether the formation of a new government, following the July 3 ouster of Islamist Mohamed Morsi, will jumpstart projects, some that have stalled since the era of former President Hosni Mubarak.
Many see developments in Egypt as key to outcomes in the entire region and a sign of whether economic stability will return to the nation. "You can't overestimate the impact this turmoil has on the region," says Peter Zuk, a former AECOM executive based in Libya. "It is the largest country in the Arab bloc."