Algerian housing aims at creating balance between supply and demand

The strategy for the modernization of the housing sector aims at increasing the national building capacity and creating a balance between housing demand and supply, said Tuesday in Algiers Minister of Housing, Town Planning and the City Abdelmadjid Tebboune.
"In order to meet the growing demand and to eradicate the crisis, the sector of housing aims at increasing the national building capacity to 120,000 housing units per year during the next five-year development plan, against 80,000 currently," said the minister in his address at a seminar on housing.
The meeting, which has brought together experts and players in the sectors, aims at underlining the need to modernize the sector of housing, said Tebboune.
In this regard, the minister insisted on the "industrialization" of housing construction and the compliance of the building methods with aseismic standards.
He also underlined the need to use new technologies in housing projects in order to reduce the cost, ensure better quality and meet the deadlines, giving the example of the housing estates of Ain Allah (Delly Brahim), Rabia (Bab Ezzouar) and Boussouf (Constantine).