Real Estate News


Section categories

Rent [17]
Land leases [6]
Rental apartments and rooms [27]
Office Rent [22]
City properties [13]
Apartments [54]
New [22]
Residential Real Estate [41]
Bungalow [1]
Summer-houses [14]
Plots [28]
Cottages [23]
International property [73]
Land abroad [1]
Apartments abroad [3]
Islands [8]
Information [86]
Real estate offers [8]
Real Estate News [107]
Property [83]
Commercial Property [23]
Hotels [30]
Residential complexes [2]
Investment Projects [37]
Offices [12]
Estate in Kiev [13]
Estate in Moscow [46]
Properties in Russia [18]
Estate in Ukraine [13]
Other Estate [5]
Non-residential [5]
Miscellaneous [26]
Services [2]
Estate Agents [10]
Mortgage [83]
Exchange, resettlement [9]
Assessment and assistance to lawyers [10]
Apartments for sale [9]
Construction and repair [43]
Transport services [8]
Elite Housing [34]
Locks [4]
Home [34]

Statistics


Total online: 13
Guests: 13
Users: 0

Login form

Publisher

Main » Articles » Real Estate » New

Algeria plans to build two million housing units

As part of a plan for infrastructure development in the years 2010-2014 the Government of Algeria intends to build two million housing units.

The government approved a plan for infrastructure development in the years 2010-2014, which envisages investments of 286 billion dollars, said the newspaper Liberasyon.

The publication, 130 billion needed to continue projects already launched. This is the railway and the highway construction, hidroproekty.

"The new projects will be spent 156 billion dollars. According to government plans to construct 2 million housing units, created three million jobs. Projects cover areas such as agriculture, energy, education, sports, culture" - marked in the material .

According to president Abdelaziz Bouteflika, national reserves will be used most, so you need strict control. "These huge investments will be accompanied by careful control to prevent overrun" - said the president, which cites the words of the publication.

The article emphasizes that the ministers to report annually on their agencies spent funds for the infrastructure plan. The President ruled out the possibility of external borrowing. According to the media, it indicates that a fall in revenues from oil and gas exports, the budget may be revised.

As previously reported in the next five years the citizens of the world regardless of religion for the first time be able to settle in the town of economic knowledge, which is based in a new area of Medina - one of the two holy cities of Islam, the territory of Saudi Arabia.

Category: New | Added by: Дмитрий (26.05.2010) W
Views: 341 | Rating: 0.0/0

Search the Web

Search site

Site friends