Construction is soon to begin on the first phase of a long-awaited government plan in Egypt to develop one million new homes, adding to a building boom and infrastructure projects already under way across the country to spur economic growth.
Africa Construction
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Articles & Analysis | Public and private investments aim to make the country self-sufficient in cement from The Report: Algeria 2014
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...
Articles & Analysis | Building sufficient affordable housing remains a major challenge from The Report: Algeria 2014
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 (...
Articles & Analysis | New measures aim to accelerate development of housing options, as other segments of the market show renewed dynamism from The Report: Algeria 2014
As the government channels state funds into its public housing programme, growing private interest is stoking growth in the higher-end residential segment of Algeria’s real estate market along with office and commercial real estate.
Articles & Analysis | Despite regulatory challenges, public investment in infrastructure development continues to attract foreign bidders from The Report: Algeria 2014
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...
