There were 40 results found for Algeria and Real Estate

There were 40 results found.

Interview

Rabah Guessoum, CEO, Algerian Industrial Cement Group (Groupe Industriel des Ciments d’Algérie, GICA): Interview
OBG
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Interview:Rabah Guessoum What are the ambitions of GICA in terms of growing its production capacity over the coming years? RABAH GUESSOUM: Total production today exceeds 12.5m tonnes of cement per year, which represents 55% of the Algerian market. To meet the growing demand, an ambitious development programme is under way to strengthen production capacities and diversify the product range for…

Country Report

The Report: Algeria 2017
OBG
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At $156bn in 2016, Algeria’s GDP is the largest in the Maghreb region and the second largest in North Africa, and with a per capita GDP of $3843, it also ranks as the wealthiest in North Africa.

Chapter

The Report: Algeria 2017: Construction & Real Estate
OBG
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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 allocated…

Overview

Algeria to address the housing shortage
OBG
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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 surpassing 40m. The minister of housing and urban development…

Overview

Algeria focuses on transport infrastructure and housing
OBG
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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 the sector’s inflow throughout 2012-16 has begun…

Chapter

The Report: Algeria 2016: Construction & Real Estate
OBG
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Faced with a significant deficit of affordable housing in urban centres, all eyes are on the nation’s housing projects and the authorities’ ability to deliver more than 1.6m housing units by 2019 in spite of the low oil price environment which has had a significant impact on government revenues and budgets. Nevertheless, the real estate sector offers multiple investment opportunities as the country’s…

Interview

Boudjema Talai, Minister of Transport and Public Works: Interview
OBG
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Interview: Boudjema Talai What are the main priorities for construction of port infrastructure in Algeria? BOUDJEMA TALAI: It is important to note that 95% of our trade is by sea. It is obvious that the importance of this type of traffic is made possible thanks to port infrastructure. Indeed, Algeria has infrastructure assets which include 45 ports covering a coastline of over 1280 km. There are…

Overview

Algerian construction and real estate continue to grow with emphasis on improving housing supply and infrastructure
OBG
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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. In an attempt to diversify the economy and the state’s sources of revenues, the government launched a €233.7bn five-year Public Investment Programme in 2014 spanning 2015-19,…

Overview

Addressing Algerian housing shortage remains key while investment in retail and tourism increases
OBG
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A number of foreign and local private property developers are competing in Algeria’s real estate market seeking to tap into strong demand for property in the residential market, as well as retail, hospitality and tourism segments. Demand for affordable housing – largely due to a significant increase in urbanisation as well as a steady growth in population – has presented opportunities…

Overview

Government efforts seek to address Algeria's public housing deficit
OBG
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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 is looking to address. Supply remains constrained as a…

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There were 40 results found for Algeria and Real Estate

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