Construction & Real Estate

Major projects in transport and housing are in the pipeline, though a flatter rate of expansion and an increased focus on priority projects are expected due to investment cutbacks. Affordable pricing is of the utmost importance. In late 2017 the government stressed that housing and infrastructure development are key priorities, and the 2018 budget will see an 8% rise from 2017 in funding allocated to social transfers, including social housing. Thriving revenues from hydrocarbons led to a period of widespread residential building in Algeria, with the housing segment leading the construction sector as the largest market in 2011-15, accounting for 41% of the total. Sustained growth is forecast until 2020, driven by an urbanisation expansion rate of 2.7% and a rising population.

This chapter contains interviews with Abdelghani Zalene, Minister of Public Works and Transport; and Rabah Guessoum, CEO, Algerian Industrial Cement Group.