Algeria’s $35bn housing push reshapes business

Algeria has distributed 1.7 million housing units since 2020, a $35 billion programme that is now the largest public-works drive in North Africa. According to AL24 News, the scheme covers 51 wilayas and has created 1.2 million direct and indirect jobs, making construction the fastest-growing sector outside hydrocarbons. Entrepreneurs and diaspora investors are watching closely: the state is still the sole client, but private subcontractors now handle 65 % of the work.

Who is winning the contracts

Where the money is going

New rules for private players

Diaspora opportunities

Risks on the ground

What’s next

Key takeaway for entrepreneurs
Algeria’s housing programme is creating a $10 billion annual market for local subcontractors, with state-backed mortgages fuelling demand. Turkish and Chinese firms dominate big contracts, but Algerian SMEs now capture 42 % of tenders—up from 28 % in 2021. Diaspora investors can access 3 % mortgages and BOT licences, while local suppliers face a 15 % import surcharge, pushing them toward domestic manufacturers. Cash-flow delays and land-title disputes remain the main operational risks.

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