1. Home
5. Best 5 Algeria 2014

Description

Last Siva Best5 Algeria , opened its gates to its visitors and exhibitors on 21 to 25 November 2013 at Safex Exhibition Centre with 10.000 sqm area. 2013 Siva Best5 Algeria Expo hosted 110 international companies from 11 different countries including Italy, UAE, Turkey, France, India, China, Qatar, Egypt, Saudi Arabia, Greece and Algeria. During 5 Days exhibition in total 10.500 visitors took the chance of visiting the fair ground. 420 B2B Meetings were performed during the exhibition between

The government has allocated about $50 billion to the housing sector under a five year. In an attempt to diversify the countrys economy and reduce dependence on energy revenues, the government announced a US$286 billion infrastructure development fund for the period 2010 to 2014 and also they are ready to spend even more money if necessary. Investments are being made to improve the countrys transport infrastructure and its acute housing shortage. Timetric (https://timetric.com/) expects the Algerian construction industry to record a CAGR of 5.94% over the forecast period. Political and social pressures are combining to open Algerias construction market to international competition, potentially making billion of dollars worth of contracts available to foreign companies. Local firms seem unable to satisfy the demand for new housing by themselves, so authorities are looking abroad.

Press Photos

Best 5 Algeria Product Groups

Best 5 Algeria Prime Highlights

1. Algeria is the largest natural gas producer and second largest oil producer after Nigeria
2. It became a member of the organization of the petroleum exporting countries (OPEC) in 1969
3. Currently the country is heavily reliant on its hydro carbon sector which accounted for almost 70 percent of government budget
4. Grants about 98 percent of export earnings in 2011, according to the IMF.

Elan Expo Contact Information

Other Information