Best 5 Algeria 2014

2013 Siva Best5 Algeria , opened its gates to its visitors and exhibitors on 21 – 25 November 2013 at Safex Exhibition Centre with 10.000 sqm area. 2013 Siva Best5 Algeria Expo hosted 110 international companies from 11 different countries including Italy, UAE, Turkey, France, India, China, Qatar, Egypt, Saudi Arabia, Greece and Algeria. During 5 – Day exhibition in total 10.500 visitors took the chance of visiting the fair ground. 420 B2B Meetings were performed during the exhibition between local companies and our exhibitors thanks to our MatchMaking system.

The government has allocated about $50 billion to the housing sector under a five-year. In an attempt to diversify the country’s economy and reduce dependence on energy revenues, the government announced a US$286 billion infrastructure development fund for the period 2010–2014 and also they are ready to spend even more money if necessary. Investments are being made to improve the country’s transport infrastructure and its acute housing shortage. Timetric (https://timetric.com/) expects the Algerian construction industry to record a CAGR of 5.94% over the forecast period. Political and social pressures are combining to open Algeria's construction market to international competition, potentially making billion of dollars worth of contracts available to foreign companies. Local firms seem unable to satisfy the demand for new housing by themselves, so authorities are looking abroad.