Algeria

Algeria to Launch Construction of 2 Million Housing Units in 2025

The Algerian Minister of Housing, Tarek Belaribi, has unveiled plans for the implementation of an ambitious 5-year housing program (2024-2029) approved by President Abdelmadjid Tebboune. This program aims to construct 2 million housing units across the country.

Key Points:

  • Launch Date: Construction work is set to begin immediately after the approval of the 2025 Finance Law.
  • Detailed Planning: The General Directorate of Housing, in coordination with the General Directorate of Urban Planning, Architecture and Construction, will prepare a detailed program for project launches in 2025.
  • Distribution Schedule: A plan for housing distribution in 2025 will be developed, with a focus on important historical dates (July 5th and November 1st).
  • Expedited Completion: Minister Belaribi emphasized the need to reduce completion times for housing projects from 2023-2024.
  • Timely Payments: Contractors’ payments will be prioritized to maintain the pace necessary for meeting 2025-2029 housing delivery deadlines.

Additional Initiatives:

  • AADL Renovations: The General Manager of AADL (Agency for Housing Improvement and Development) and GEST-IMMO (AADL’s property management branch) have been instructed to continue rehabilitation and painting of AADL neighborhood buildings.
  • Urban Environment: These renovation efforts, which have already begun in several neighborhoods, are part of a broader urban environment improvement program.

This large-scale housing initiative demonstrates Algeria’s commitment to addressing housing needs and improving urban living conditions for its citizens over the next five years.

DZWATCH.DZ

Author: nor-eleslam

algeria housing program 2025 construction

Related Articles

Leave a Reply

Back to top button