Housing Minister to Echorouk: “Sizable social and promotional housing quota earmarked by the state for Algerian youth”
The Housing and town planning Minister Noureddine Moussa has told “Echorouk” that a sizable social and promotional quota of new housing units will be earmarked by the state for low-income young segments of the Algerian population in the very near future.
He indicated that about 50 thousand state-subsidized new flats would be exclusively destined to the youth under several enticing formulas including the payment by gradual installments over a long period of time.
- The families living in precarious houses “must wait and trust the State” to benefit from the significant housing quotas that are regularly received, Minister of Housing and Town Planning Noureddine Moussa said.
- “People must trust the State and wait since programmes are underway and others are regularly completed,” he told Echorouk, adding that “building programs are being pursued and considerable quotas of houses are regularly received.”
- Moreover, Moussa said that the state was committed to strengthening the capacity building of public enterprises in order to increase their shares in the domestic market in line with the five-year 2010-2014 development program initiated by the President of the Republic Mr Abdellaziz Bouteflika.
- The national housing policy “will be pursued with the same intensity, as the construction of two million new housing units, he stressed.
- The national housing policy “will be pursued with the same intensity, as the construction of two million new housing units is planned as part of the new five-year development programme, 1.2 of which will be delivered by the end of 2014,” he added.
- “800,000 other housing projects are already underway,” said Noureddine Moussa.
- According to the Minister, the State will continue its efforts in eradicating flimsy and shanty dwellings, pointing out that “about 145,000 Algerian families have been already rehoused in decent flats.”