The Future of Construction in Algeria to 2015: US$286 Billion Development Program to Boost Industry13 Sep 2011 • by Natalie Aster
In contrast to the dramatic impact of the global financial crisis on many countries in 2009 and 2010, the Algerian economy recorded comparatively strong performance during this period, with the country’s GDP expanding by 2.4% in 2009 and 3.8% in 2010. One of the main drivers of this general economic growth was the strong performance of the country’s construction industry, which recorded an annual growth of 15.0% in 2009 and 9.6% in 2010. Despite growth slowing in 2009 and 2010 — in 2007, the Algerian construction industry recorded an annual growth of 20.1% — the construction industry recorded a CAGR of 15.76% from 2006 to 2010.
This growth was stimulated by the country’s growing efforts towards economic diversification from the oil and gas sector. With oil and gas revenues increasing rapidly during the review period due to high international prices for the commodities, the country was able to make substantial investment in its infrastructure, and this, coupled with the growing prosperity of the Algerian population, resulted in growth in the Algerian commercial and industrial construction markets. Moreover, buoyed by the success of its economic diversification efforts, Algeria has announced plans to spend a further DZD20.7 trillion during a five-year plan period, from 2010 to 2014. As a result, the construction industry is projected to register an overall CAGR of 8.47% from 2011 to 2015.
The report “The Future of Construction in Algeria to 2015: US$286 Billion Development Program to Boost Industry” is the result of ICD’s extensive market and company research covering the Algerian construction industry. It provides detailed analysis of both historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news.
Within the Algerian construction industry, residential construction was the largest market in 2010, with a share of 40.6%. In terms of growth, commercial construction was the fastest-growing market over the review period, with a CAGR of 23.54%. This was followed by infrastructure construction, with a CAGR of 18.93%.
Figure 1: Algerian Overall Construction Industry Dynamics By Market (%) 2006-2015
Note: Bubble size represents 2010 market value (DZD million)
Source: ICD Research Analysis © ICD Research
Published: September, 2011
Price: US$ 1,250.00
The report provides a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the Algerian construction value chain and for new competitors considering entering the industry.
- Inform strategic business decisions using strong historic and forecast market sizing data;
- Identify the growth opportunities and industry dynamics within five key industry categories: Commercial Construction, Industrial Construction, Infrastructure Construction, Institutional Construction and Residential;
- Detailed market size, growth, segmentation and forecast data across five key industry categories provides all the essential information needed to assess market dynamics and identify new growth opportunities;
- Detailed profiles of major companies within the Algerian construction market enable the reader to benchmark financial performance and assess business strategy against competitors.
More information can be found in the report “The Future of Construction in Algeria to 2015: US$286 Billion Development Program to Boost Industry” by iCD Research.
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