HomeAlgeria to build four house prefabrication plants in 2015 at US$200m

Algeria to build four house prefabrication plants in 2015 at US$200m

Algeria is to build four plants for house prefabrication in several cities in the first quarter of 2015, state holding company Indjab has said.

The state has given Indjab a credit of $200million to finance the projects and the construction works will be launched in May 2015. According to Mohamed Yassine Hafiane, the chairman of Injab, the house prefabrication projects are expected to improve the quality of houses and reduce delivery deadlines of housing projects. He added that a fifth plant will be built later.

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The house prefabrication plants will be built in Algiers, Annaba, Oran and Biskra while the fifth plant will be built in Bechar, south-west of Algiers. The plants are each expected to produce between 2,000 to 5,000 prefabricated houses per year.

The housing projects are part of the Housing Ministry’s efforts in the industrialization of building and the modernization of construction tools and techniques, as well as Indjab’s forthcoming restructuring into five major companies.

The Ministry of Housing said recently that the modernization strategy of the sector aims at increasing the national building capacity and achieving a balance between the supply and demand.

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