With a growing and young population and an urbanisation rate approaching 70%, Algeria’s housing deficit is a problem that has been at the centre of government policy for several years. The country’s current housing gap is estimated to be 1.2m homes, according to figures published by the South Africa-based organisation Centre for Affordable Housing Finance in Africa (...
Algeria continues to have a significant gap between cement demand and production capabilities. Both the state and private operators have been increasing domestic capacity. But amidst a nationwide effort to develop infrastructure, a housing programme prioritised by the government to reduce the housing gap and an economic dynamism that is galvanising private construction...
Benefitting from the government’s push for transport infrastructure and public housing, and guided by a new capital-intensive five-year plan, the construction sector has been seeing constant activity. This is not only positively impacting local building and contracting firms but also attracting a host of contractors from abroad which are looking to tap into the country’s...
Besides focusing on major construction projects aimed at modernising transport links and social infrastructure, a considerable part of Algeria’s recent spending drive has also been directed at enlarging the pool of affordable homes for the growing population.
Although momentum slowed following the global financial crisis that began in 2008, Algeria’s real estate market has remained buoyed by its strong fundamentals. Government-led investment is driving sector growth, not only in the more populated regions of the north, but also through expansion of developments across the country’s central and southern...
The continuous process of upgrading existing infrastructure is helping Algeria to open up its economy as it diversifies activities away from hydrocarbons, and has delivered a boost to contractors and construction firms, particularly in the private sector. Overall, Algerian authorities are set to invest €222bn between 2009 and 2014, involving...
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