Housing: Projects affected by Petroleum Stock Exchange, Minister Tebboune says
Abdelmadjid Tebboune, Algeria's housing minister. Photo: archive
Algeria will definitively get rid of tin buildings, by taking the wide dimensions and roads in this regard, that will allow the elimination of tin barracks, through exploiting the floors that contain tin buildings after the recent was demolished directly, and give owners decent houses, and convert these lands to projects for the public interest.
Tebboune also stressed that the elimination of the housing crisis in Algeria is linked to a rise or drop in oil prices, pointing out that the year in which the crisis of housing emerged was in 1986 due to the lower oil prices.
Minister Tebboune asserted, during a press conference, that was held on Sunday at the headquarters of Constantine Wilaya, that at the end of 2018 until the first three months of 2019, housing crisis will be definitively eliminated in Algeria, as this date was chosen after a comprehensive gizzard and accurate studies about the housing crisis in Algeria.
“Currently there are 1,600,000 applications for housing that are distributed across all municipalities, and all applications have been considered and sorted, so as those who already benefited from a housing will not benefit again”.
“Nearly 920,000 houses are currently processed in workshops, which means that only 720.000 homes remain from requests and only this number is a housing crisis in Algeria, as they divided between ADL and social housing, and other residential formulas. I am satisfied in this regard, especially after the distribution of nearly 3,000 houses of various formulas annually.”