What is currently being done to help reduce the housing deficit in Algeria?
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Interviews & Viewpoints | Abdelmadjid Tebboune, Minister of Housing and Urban Development: Interview from The Report: Algeria 2015
Articles & Analysis | Private sector participation to help resolve Algeria's affordable housing shortage from The Report: Algeria 2015
As with many emerging markets, Algeria faces a chronic shortage of affordable housing, which has concerned successive governments since 1999. Since the first five-year plan of 1999-2004, the country has built a total of around 2.4m low-cost housing units, according to the Ministry of Housing and Urban Development, but still has a national...
Articles & Analysis | Government efforts seek to address Algeria's public housing deficit from The Report: Algeria 2015
Algeria’s real estate market has in recent years seen a proliferation of private property developers seeking to tap into growing demand amongst the upper and middle classes for mid-to-high-end residential property, shopping malls, quality hotels and tourist resorts. However, demand remains highest for low-income units, which the public sector...
Articles & Analysis | Algeria's cement segment is expanding production from The Report: Algeria 2015
Algeria expects to meet domestic demand for cement from its own production by the end of 2016 with the completion of a number of new plants and the expansion of existing facilities. The country currently has a production capacity of 21m tonnes of cement per year, requiring the import of around 5m tonnes to meet local demand, which is estimated...
Chapter | Construction & Real Estate from The Report: Algeria 2015
Algeria’s construction sector remains buoyant despite the impact of the significant drop in global oil prices, with the government continuing its support for the main social programmes and infrastructure projects as a means of diversifying the economy. A new five-year investment plan for the period 2015-19 worth €233.7bn was approved by the government in late 2014 to build upon the...
Algeria is a country rich in history and situated in a strategically important region. While its past has at times been turbulent, the last decade has been one of relative peace. Economic growth and development has followed, driven primarily by advances in the hydrocarbons sector.