Thursday, 21 February 2013

Algeria Infrastructure Market Report 2013

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Algeria Infrastructure Report 2013
Feb 20th 2013, 00:00
BMI View: The outlook for the Algerian construction sector points to a strong rebound in 2013, as thegovernment''s ambitious investment plan in the infrastructure network will continue over the comingquarters and tenders of which are currently (December 2012) being completed. Reasonable growth ratesand rising oil prices, as well as a period of political stability, in relation to neighboring countries, arehelping to maintain Algeria?s inflows of foreign investment. The construction sector is estimated to haveseen a year-on-year (y-o-y) contraction of 0.3% in 2012, with an industry value of US$17.9bn. Over the10-year forecast period, average y-o-y growth will be 6.3%, f...
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