Algeria Infrastructure Report 2016 - Business Monitor International - Industry Reports

Algeria Infrastructure Report 2016

Algeria Infrastructure Report 2016 - Business Monitor International - Industry Reports
Algeria Infrastructure Report 2016
Published Jan 16, 2016
50 pages — Published Jan 16, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Earlier in ---- the government announced plans to invest USD---bn on infrastructure during ---------. The funds will primarily be spent on hospital construction and renovation, transport infrastructure, ports/airports, and wastewater management and desalination as part of ongoing attempts to quell social unrest and stimulate economic growth. With oil revenues declining by -- in ----, Algeria has however cut the ---- government budget by - and is increasingly reliant upon reserves to bolster public spending plans. As such it is unclear if the --------- development plan will be fully enacted and we have revised downwards our forecasts for growth in the construction sector with construction industry value expected to show real growth of -.-- in ----, followed by average annual growth of -.- over the remainder of the forecast period to ----. Budget constraints mean that several projects, such as the -km northern extension of Algiers metro Line - have been put on hold. Studies on the nine-station extension from Place des Martyrs to Chevalley had been concluded, but Entreprise Metro d Alger (EMA) does not have the financing in place to proceed with works.

...Declining public spending capacity amid falling energy revenues mean we have revised downwards our short-term forecasts for construction industry value growth. We now expect to see growth of -.--- in ----, down from a previous forecast of -.-- . ...We now expect to see growth of -.--- in ----, down from a previous forecast of -.-- . From ---- onwards, we expect to see a return to growth of between - and - annually leading to construction industry value of DZD-,---.-bn (USD--.-bn) From ---- onwards, we expect to see a return to growth of between - and - annually leading to construction industry value of DZD-,---.-bn (USD--.-bn) ...The steel complex, which will be spread over a ---ha area, will include two mills and three rolling mills. The complex will initially produce -mn tonnes of steel annually from ----, which will increase gradually to -mn tonnes by ----.

...BMI View: Falling global oil prices have had a huge impact of government revenues in Algeria, in turn resulting in delays to major public infrastructure projects and a downturn in private investor interest in the leading oil and gas sector. The country s large infrastructure deficit, particularly in terms of residential and social infrastructure, will ensure some level of growth is maintained over the forecast period. ...

  
Source:
Document ID
1754-419X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Algeria Infrastructure Report 2016" Jan 16, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Infrastructure-Report-2016-2026-650>
  
APA:
Business Monitor International - Industry Reports. (2016). Algeria Infrastructure Report 2016 Jan 16, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Infrastructure-Report-2016-2026-650>
  
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