PUBLIC WORKS AND INFRASTRUCTURE DEVELOPMENT
In 2005, it launched a Complementary Plan for growth Support which aimed to improve the services and facilities available to economic actors.
Supplemented by special programmes for the Highlands and the South, this provided more than $180 billion in investments by 2009.
Some 70% of this budget has been spent on basic infrastructure, housing and public facilities. Most of the guidelines are translated into the 2005-2025 Land Master Plan. A new five-year plan for funding of basic infrastructure and utilities was introduced in 2010 with a budget allocation of $150bn.
So far the proposal to establish 13 economic development companies has been implemented. As national economic champions, these companies will forge partnerships with the private sector to develop the planned large infrastructure projects and revive domestic industry.
Foreign companies are obliged to sell to local partners 51% of their participation in investment in the country and 30% of the capital in their import companies.
In order to attract investment in the different regions around the country, Algeria has undertaken a major modernisation programme of its industrial zones. During the period 1999-2009, some €273 million (25 billion Algerian dinars) have been spent to rehabilitate the country’s industrial infrastructure. In addition, an extra €55mn in special programmes has been invested in the southern and central highlands.
Following the model of clusters, Algeria has sought to establish 14 integrated industrial zones comprising seven multipurpose activity zones; three techno parks for ICT, agri-business and electronics; and four specialised zones. These new zones will offer international companies all the necessary services including one-stop shop business centre.
The government has simultaneously focused on roadways, rail systems, airport upgrades, public housing, hospital construction, water treatment, transportation, and electrification.
Indian firms have started capitalising on these opportunities, but the Algerian Government has recently sought a most vibrant assistance of the Indian Embassy in attracting more Indian firms to the market.
In some sectors, the government has signalled a renewed interest in quality, and Indian firms are finding access to subcontracts offered through targeted bidding tenders.
Algeria is modernising its infrastructure to boost its economic growth.In order to encourage growth the country took decision to develop both the traditional sectors such as agriculture and services such as tourism and ICT. The objective of industrial strategy was to increase FDI.
In 2005, it launched a Complementary Plan for growth Support which aimed to improve the services and facilities available to economic actors. Supplemented by special programmes for the Highlands and the South, this provided more than $180 billion in investments by 2009. Some 70% of this budget has been spent on basic infrastructure, housing and public facilities. Most of the guidelines are translated into the 2005-2025 Land Master Plan. A new five-year plan for funding of basic infrastructure and utilities was introduced in 2010 with a budget allocation of $150bn.
So far the proposal to establish 13 economic development companies has been implemented. As national economic champions, these companies will forge partnerships with the private sector to develop the planned large infrastructure projects and revive domestic industry.
Foreign companies are obliged to sell to local partners 51% of their participation in investment in the country and 30% of the capital in their import companies. In order to attract investment in the different regions around the country, Algeria has undertaken a major modernisation programme of its industrial zones. During the period 1999-2009, some €273 million (25 billion Algerian dinars) have been spent to rehabilitate the country’s industrial infrastructure. In addition, an extra €55mn in special programmes has been invested in the southern and central highlands.
Following the model of clusters, Algeria has sought to establish 14 integrated industrial zones comprising seven multipurpose activity zones; three techno parks for ICT, agri-business and electronics; and four specialised zones. These new zones will offer international companies all the necessary services including one-stop shop business centre.
The government has simultaneously focused on roadways, rail systems, airport upgrades, public housing, hospital construction, water treatment, transportation, and electrification. Indian firms have started capitalising on these opportunities, but the Algerian Government has recently sought a most vibrant assistance of the Indian Embassy in attracting more Indian firms to the market. In some sectors, the government has signalled a renewed interest in quality, and Indian firms are finding access to subcontracts offered through targeted bidding tenders.
Opportunities
• Water treatment and reclamation, remote sensing and safety systems for Algerian dams, and hydroelectric projects.
• Electric power generation projects, renewable energy projects including wind and solar, and modernising/expansion of mining operations in Algeria.
• Development of asphalt bitumen, given the GOA's concern about dwindling bitumen in country, and civil engineering techniques & technology to realize Algeria's road construction in arid and desert climates. The latter is particularly sought after for the upcoming 1,300 km high plateau East-West Highway project, which includes 23 connector roads linking it to the coastal East-West Highway.
• Civil aviation air traffic management and training, port improvement, and communications solutions offer good opportunities for Indian firms. The construction of a new container terminal for Djendjen also represents an interesting opportunity. The Transportation Ministry says it has a $66-billion budget for projects for the five-years programme 2010-2014.
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