Construction & Real Estate
From The Report: Algeria 2018
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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 its vision for the future. Even as the overall economy has slowed, the sector has remained a consistent engine of growth. The building materials segment, which grew by 16.3% in the first quarter of 2018, is particularly promising as Algeria builds on recent investments in manufacturing plants and shifts its focus to scaling up exports. After a decade of rising prices, the Algerian real estate market experienced a gradual slowdown in 2017 and through most of 2018.

This chapter contains interviews with Abdelwahid Temmar, Minister of Housing and Urban Planning; and Li Jian, Assistant President, China State Construction Engineering Corporation (CSCEC), and Chairman, CSCEC Algeria.

Articles from this Chapter

Overview

Domestic producers increase output of building materials, while: infrastructure developments support export goals Scaling up
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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 remained a consistent engine of growth. The building materials segment, which grew by 16.3% in the first quarter of 2018, is particularly promising as Algeria…

Interview

Modern advantage: Abdelwahid Temmar, Minister of Housing and Urban Planning, on the sustainable development of public housing
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Interview:Abdelwahid Temmar How can the housing and urban planning strategy be adapted to address a fast-growing population? ABDELWAHID TEMMAR: Expanding and diversifying the offering of public housing represents a significant challenge to us due to the country’s constantly rising population. To achieve this goal Algeria has implemented a comprehensive strategy throughout the last two decades, and housing has been being elevated as one of the pillars of national development. As a result,…

Overview

Sustainable urbanisation: As urban populations undergo rapid growth around the globe, planners are striving to create efficient spaces
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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 dwellers. The UN estimates that by 2030 urban areas will host 60% of the world’s population – up from 54.5% in 2016 – with the pace of urban growth especially rapid across Africa and parts of Asia. Urban areas are home to more than 470m people in Africa, accounting for 40% of the continent’s population,…

Overview

Sustainable urbanisation: As urban populations undergo rapid growth around the globe, planners are striving to create efficient spaces
OBG
plus

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 dwellers. The UN estimates that by 2030 urban areas will host 60% of the world’s population – up from 54.5% in 2016 – with the pace of urban growth especially rapid across Africa and parts of Asia. Urban areas are home to more than 470m people in Africa, accounting for 40% of the continent’s population,…

Interview

Continuing momentum: Li Jian, Assistant President, China State Construction Engineering Corporation (CSCEC); and Chairman, CSCEC Algeria, on the sector’s future and the role of foreign investors in infrastructure
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Interview:Li Jian What is Algeria’s potential for the construction sector in the short and medium term, and what challenges do you see arising? LI JIAN: Despite this construction sector’s achievements in recent decades, Algeria’s need for housing and infrastructure remains a priority. The authorities have regularly confirmed their dedication to social development and the improvement of their citizens’ quality of life. To this end, it is important that the infrastructure and construction…

Overview

The state continues its housing drive, providing support for: financing and addressing the informal market Home run
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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 prices. Although there are some inherent challenges in the operating environment, such as strong government control over much of the property in the country…