Located a short distance from Europe, and with a large and comparatively wealthy population of its own, Algeria is primed to make use of its significant tourism potential. Though the industry remains underdeveloped, particularly in regards to the number of hotel rooms and the cumbersome visa regime, foreign business tourism and niche areas such as spa, desert and ecotourism have strong scope...
Technological advances over the past decade have played a fundamental role in transforming business practices and promoting a new digital culture in Algeria. A major shift in Algeria’s IT landscape has taken place following the arrival of 3G and 4G technologies, with the internet penetration rate jumping from 25.6% in 2014 to 71.2% by the end of 2016. Although still under consideration, the...
Meeting the demand for transport infrastructure in Africa’s largest country is a priority for the government. The current five-year development plan includes a major sector reconfiguration programme that allocates around €6.9bn to the upgrade, extension and construction of strategic segments, primarily maritime and rail. Traffic congestion and overdependence on road transport, inefficiencies...
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...
As Algeria looks to curb its imports in the face of declining state revenues, the agriculture sector is well placed to contribute. Output improved between 2007 and 2017 thanks to efforts to clear some of the bottlenecks that have traditionally held back the sector’s development, such as legislation, land ownership and financing. Agriculture accounts for around 13% of GDP and employs some 11%...
While the economic contribution of industry is still relatively small, many of the key building blocks for a successful industrial sector are already established, with abundant energy reserves, mineral raw materials and infrastructure. Some segments of agri-business are well developed, and activity in heavy industrial such as steel and cement production is rapidly expanding. As the largest...
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