Algeria Construction

After a decade of rising prices, the Algerian real estate market experienced a gradual slowdown in 2017 and through most of 2018. While a growing population and a high rate of urbanisation have kept demand high for affordable state-provided housing, the provision of new units at a rate of 300,000 per year has begun to impact private market...

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...

In an effort to meet the infrastructure needs of a growing population and facilitate increasing exports of industrial and agricultural products and minerals, the government sees a robust and stable construction industry as a key component of their vision for the future. Even as the overall economy in the country has slowed, the sector has...

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...

As a key industry for Algeria’s economic development and diversification, the construction sector’s growth forecast remains positive despite the slowdown of the wider economy. There are major projects in transport and housing in the pipeline, though a flatter rate of expansion is expected due to investment cutbacks, and the buoyant curve of...

Despite the impact of lower oil prices on government budgets, Algeria’s construction sector is growing and developing thanks to ring-fenced investments in public and industrial infrastructure as well as housing.