Algeria to invest $1.4 billion to modernize sea infrastructures

Gamal Ragay
Sunday, 13 March 2011

ALGIERS – Public Works Ministry is planning to allocate nearly 100 billion (bn) AD $1.4 billion for finance sixty projects of construction and development of maritime infrastructure during 2010-2014, Global Arab Network reports according to Stat-run News Agency.

The development program foresees the construction and expansion of harbors and fishing shelters, as well as comfort and underpinning of several ports, said Abdelkader Kheta, Director of Infrastructure Marine Department to the APS.

Algeria Infrastructure Marine Department expects to create about 18,000 jobs, 3,000 among them are direct. Kheta noted, moreover, that these projects had been granted priority to national companies including the National Marine Contractors Company (MEDITRAM) and the National Society of the Maritime Work of the East (SOTRAMEST).

Control and monitoring of this work will also be provided by the National Laboratory for Marine Studies (LEM). Besides the construction of 4 fishing ports and marinas to Sidna Youcha (Tlemcen), Beni K'sila (Bejaia), Oued Z'Hor (Skikda) and Madagh (Ain Temouchent), this program includes the dredging of ports and the protection against silting of river and harbor shores, he detailed. (APS)

Source: Global Arab Network.
Link: http://www.english.globalarabnetwork.com/2011031310196/Economics/algeria-to-invest-14-billion-to-modernize-sea-infrastructures.html.