The Algerian construction industry has seen considerable growth in recent years, aided by large-scale expenditures totalling $278 billion during the last ten years, with the government allocating $278 billion to various projects in the transportation, housing, energy, and education sectors.
Algeria is rated by the World Bank as an upper middle income country, with a gross national income per capita of $4,010 in 2019, up 0.75 percent from 2018. In 2020, Algeria’s gross domestic product was 172 billion dollars. With a population of almost 43 million people, industry accounts for 61% of the country’s GDP, followed by services at 30% and agriculture at 9%.
The construction sector is predicted to grow over the next five years due to a high demand for infrastructure improvements. According to sources, the country’s government would invest an estimated $215 billion in construction projects, with a focus on transportation, hospitals, and water infrastructure, among other things.
We’ll show you the ten most amazing ongoing construction projects in Algeria in this video. As the countdown begins, stay tuned. and watch the video….
