أخبار رئيسية

Algiers is cleaning house to attract international project investment and avoid political disruption

Modest success in small-scale projects does not preclude plans to scale up

The $3.7bn Hassi Messaoud refinery project has been disrupted by Covid-19

Chinese investors and contractors already have an active presence in both markets

Working group will study project feasibility after preliminary agreement signed

Local assembly and repair of power equipment will save the country’s foreign exchange reserves

Construction activity is focused on ‘grey areas’, where residents lack access to social infrastructure

First phase will be worth $3bn

Contract was expected to be tendered earlier this year

Main contract for the planned methyl tert-butyl ether facility is expected to be worth $200m