The construction industry in Algeria shrank by 3.2% in real terms in 2020, due to the outbreak of Coronavirus (COVID-19) and low oil prices (the country generates 70% of its revenue from oil and gas exports). However, with the recovery in the global economy and the slowdown in COVID-19 infections, oil prices have rebounded from the lows of early 2020, leading to an increase in the government’s ability to spend on major infrastructure projects. The publisher expects the construction industry to grow by 4.5% this year.
The publisher expects the industry to register an average annual growth of 4.4% between 2022-2025. The industry’s growth over the forecast period will be supported by the government’s efforts to improve regional connectivity through the development of the country’s rail and port infrastructure, coupled with efforts to boost the residential construction market. In addition, the government’s aim to expand renewable energy resources is expected to attract investments in energy infrastructure projects, which will in turn fuel growth in the industry. To tackle housing shortages in the country, the government allocated the largest share of its 2021 budget towards the housing sector, amounting to DZD450 billion (US$3.7 billion). It has also allocated DZD2.2 billion (US$18.3 million) towards road infrastructure, of which DZD16.9 million (US$140,695) was allotted for public works.
This report provides a comprehensive analysis of the construction industry in Algeria. It provides -
The publisher expects the industry to register an average annual growth of 4.4% between 2022-2025. The industry’s growth over the forecast period will be supported by the government’s efforts to improve regional connectivity through the development of the country’s rail and port infrastructure, coupled with efforts to boost the residential construction market. In addition, the government’s aim to expand renewable energy resources is expected to attract investments in energy infrastructure projects, which will in turn fuel growth in the industry. To tackle housing shortages in the country, the government allocated the largest share of its 2021 budget towards the housing sector, amounting to DZD450 billion (US$3.7 billion). It has also allocated DZD2.2 billion (US$18.3 million) towards road infrastructure, of which DZD16.9 million (US$140,695) was allotted for public works.
The publisher’s report provides detailed market analysis, information and insights into Algeria construction industry, including:
- Algeria’s construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Algeria’s construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Algeria. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Algeria, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the publisher's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market DataContact The Publisher
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
