10 Most Impressive Mega Projects In Algeria – In this video, we’ll present the 10 most impressive ongoing construction projects in Algeria.
The Algerian construction industry posted positive growth during the last few years, with growth supported by large-scale investments through the 10 years, under which the government allocated $278 billion to develop various projects in the transport, housing, energy and education sectors.
Algeria is classified as an upper middle income country by the World Bank, as its gross national income per capita for 2019 was $4,010, a 0.75% increase from 2018.
The gross domestic product of Algeria was 172 billion dollars in 2020. With a population of about 43 million people, Industry contributes 61 per cent of the country’s GDP, services 30 per cent and agriculture 9 per cent.
With a high demand for infrastructure improvement, the construction industry is expected to expand over the next 5 years. According to reports, an estimated $215 billion will be invested by the country’s government in construction projects with, with particular emphasis on transport, hospital, water infrastructure, among others.
