Algeria falls in the northern part of Africa on the Mediterranean Coast. Algeria is now Africa’s largest country, covering an area of nearly 2.4 million km. It is also considered as an essential country in Africa, which is rich in minerals. The country has many iron, lead, zinc, copper, calamine, antimony and mercury mines, out of which, the most productive are those of iron and zinc.
Tourism in Algeria:
Algeria’s tourism industry contributes only about 1 percent of GDP and receives about 200,000 tourists and visitors annually. Ethnic Algerian French citizens represent the largest group of tourists, followed by Tunisians. Various hotel operators are planning to build hotels, particularly along the Mediterranean coast. Another potential opportunity involves adventure holidays in the south. The Algerian government along with other funding agencies has set the goal of boosting the number of foreign visitors, including tourists to 1.2 million in the coming years. Along with the investment of government for the boost, various online tenders are regularly floated in Algeria’s developing economy.
Sectors which play an important role for the development of Algerian Economy:
The Algerian economy is reliant on petroleum, which has been an OPEC member since 1969. Its crude oil production stands at around 1.1 million barrels/day, but it is also a major gas producer and exporter, with important links to Europe. Thus, the major source of income comes from Oil and Gas which is the booming sector of Algeria.
Transport in Algeria:
The Algerian road network is the densest in Africa. Its length is estimated at 180,000 km of highways with more than 3,756 structures and a paving rate of 85%. This network will be complemented by the East-West Highway, a major infrastructure project currently under construction. Algeria is also crossed by the Trans-Sahara H
The Algerian economy is reliant on petroleum, which has been an OPEC member since 1969. Its crude oil production stands at around 1.1 million barrels/day, but it is also a major gas producer and exporter, with important links to Europe. Thus, the major source of income comes from Oil and Gas tenders which is the booming sector of Algeria.
Transport in Algeria:
The Algerian road network is the densest in Africa. Its length is estimated at 180,000 km of highways with more than 3,756 structures and a paving rate of 85%. This network will be complemented by the East-West Highway, a major infrastructure project currently under construction. Algeria is also crossed by the Trans-Sahara Highway, which is now completely paved. This road is supported by the Algerian government to increase trade between the six countries crossed: Algeria, Mali, Niger, Nigeria, Chad and Tunisia. Such government efforts are encouraging other countries to invest in the Algerian economy through tenders, projects and much more.
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