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Algeria is Accelerating: $50 Bln for 50 Megaprojects

Algeria is Accelerating: $50 Bln for 50 Megaprojects

Sputnik Africa

Algeria is Accelerating: $50 Bln for 50 MegaprojectsMassive work is underway: The National Development Equipment Fund (CNED) is investing 6.4 trillion dinars... 08.06.2025, Sputnik Africa

2025-06-08T19:36+0200

2025-06-08T19:36+0200

2025-06-08T20:44+0200

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Algeria is Accelerating: $50 Bln for 50 MegaprojectsMassive work is underway: The National Development Equipment Fund (CNED) is investing 6.4 trillion dinars, nearly $50 billion, in 50 major projects.Key sectors:⦁ 33 projects are boosting public works and infrastructure.⦁ 11 projects focus on hydraulics.⦁ 6 projects are transforming housing and urban planning. Megaprojects under implementation:⦁ Railways: Two new railway lines extend over 950 km and 420 km, respectively.⦁ Safe drinking water: Four seawater desalination plants are already operational, and a fifth is in the final stages of development.⦁ Algiers Metro: Major extensions will soon connect the airport and southern parts of the capital.AI-generated imageSubscribe to @sputnik_africa Sputnik Africa

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