Construction & Real Estate
From The Report: Algeria 2016
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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 retail and tourism sectors continue to develop. Private developers can also play a vital role in helping to meet the continued demand for low-income, quality housing. This chapter contains an interview with Boudjema Talai, Minister of Transport and Public Works.

Articles from this Chapter

Overview

Pressing ahead: Sector continues to grow, with an emphasis on improving the supply of housing and infrastructure
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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, to continue building upon the previous 2010-14 programme worth €255.1bn. However, a slowdown in government…

Interview

Planning for success: Boudjema Talai, Minister of Transport and Public Works, on public works projects and state spending
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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 11 mixed commercial ports, two specialised ports for hydrocarbons, 31 fishing ports and one marina. Our…

Overview

Focal point: Addressing the housing shortage remains a key area of activity, while retail and tourism are set to see more investment
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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 for private property developers but also brought in a set of challenges for the government. With a…