Algeria invested US$28.8 bn in H1 2011   Leave a comment

Economic and Social Achievements Report

ALGIERS- Algeria invested DZD2,104.6 billion (US$28.8 bn) during the first half of 2011, according to a report on economic and social achievements released Monday by Prime Minister’s Office.

The bulk of these investments were made by the national public and private sectors, and in this category, investments financed by the state capital budget reached DZD1,190 billion (US$16.3 bn), whereas projects financed by the National Investment Fund amounted to DZD176 bn (US$2.4 bn), the while the private sector invested DZD229.1 bn (US$3.1 bn), of which DZD46.1 bn representing investments made as part of micro-credit programmes, DZD21.08 bn in the sector of agriculture, and DZD161.9 bn projects financed by banks, minus ANSEJ programme and agriculture, the source said.

Source: aps.dz

Posted August 15, 2011 by newworldconsulting in Uncategorized

Algeria : 4 Green Cities Along the Trans Saharan Highway to Curb Exodus to the North   Leave a comment

Ministry of Environment is due to start building up 4 big green cities along the trans-Saharan highway, as by 2014.

The project is to be announced on 20 August, while the works kick-off is scheduled for 2014, sources close to the Ministry of Environment said.

The 4 big green towns are to be constructed in the localities of Azirir, Moulay Ahcen tombe, Ain M’guel, and les Gorges d’Araq, southern Ain Salah; with a capacity of 250 thousand residents each.

Authorities aim at creating economic and demographic poles all along the trans-Saharan highway, in order to encourage the nomads stabilizing along the road, and ultimately curb the excessive mass exodus towards northern cities.

The green towns in question have been designed by the famous Italian architect Vittorio Gregotti. He is head of the Gregotti Associati studio, which designed several important buildings, such as the Barcelona Olympic Stadium, the Belém Cultural Center in Lisbon, the Arcimboldi Opera Theater in Milan and several university campuses, including that of the University of Calabria.

The aforementioned green cities will hold desert climate resistant houses, with Moresque style architecture. The cities are to be equipped with education facilities, shops, stadiums, playing yards, crafts and trade spaces, natural air-conditioning, and wastes recycling system to preserve the biodiversity of the cities. The dwellers of these new cities will be able to practice agriculture and ranching.

Source: echoroukonline.com

Posted August 15, 2011 by newworldconsulting in Uncategorized

Algeria: Qatar Investor’s Invest in Steel Industry Project   Leave a comment

A group of Qatari investors have paid a visit to the industrial zone of Bellara where they are looking into the possibility of building a steelworks plant.

So reported today APS, which said that the delegation – led by Mohammed Al Shahwani, the highest ranking official of Qatar Mining – had expressed strong interest in a partnership in the steel and iron industry in Bellara, where 532 hectares are available not far from the Djendjen port, which was also visited by the Qatari guests.

The entrepreneurs discussed technical issues – such as water, gas and electricity grids as well as port capacities, railways and roads – with local administrators. If the project goes forward, according to the current laws 51% of the company would be Algerian capital, while the remaining 49% would be Qatari.

Source: algeriabusinessinfo.com

Posted August 15, 2011 by newworldconsulting in Uncategorized

Morocco, Algeria sign commercial contract on natural gas delivery   1 comment

1/08/2011: Algiers – Morocco and Algeria signed, on Sunday, a commercial contract on the delivery of Algerian natural gas to the power plants of Ain Béni Mathar and Tahaddart.

Under this contract, 640 millions of cubic meters of gas will be delivered on an annual basis over 10 years.

The gas will flow through the gazoduc Pedro Duran Farell (GPDF) pipeline linking Algeria’s gas fields to the Iberian peninsula through Morocco.

The delivery will supply the Ain Beni Mathar power plants with 470 mw and Tahaddart with 385mw.

The contract was signed in Algiers by Director General of the National electricity utility (ONE) Ali Fassi Fihri and the CEO of Algerian state-owned hydrocarbon group Sonatrach, Nourredinne Cherouati.

Source: map.ma

Posted August 1, 2011 by newworldconsulting in Uncategorized

Algeria launches hybrid power plant   Leave a comment

27/07/2007 : The opening of the world’s first hybrid power station marks Algeria’s full entry into the era of clean energy.

Algeria last week inaugurated the first-of-its-kind gas-solar hybrid power facility. The Hassi R’mel power plant in the Tilghemt region has an overall capacity of 150 MW, including 30MW from solar energy.

The completion of the 350 million-euro project is “an eloquent example of co-operation, a ground-breaking experiment for the whole of the Mediterranean region”, said Spanish Industry Minister Miguel Sebastian, who launched the July 14th ceremony with Algerian Energy Minister Youcef Yousfi.

The plant, carried out by New Energy Algeria(NEAL) and Spanish company Abener, is “a viable model for electricity generation in rural and mountainous areas far away from traditional electricity networks”, he added.

The Spanish minister underlined his country’s desire to become “a strategic partner for Algeria” in the realm of renewable energy.

The site of the facility, 25km north of Hassi R’mel, was chosen due to its proximity to gas installations and the amount of sunshine enjoyed by the region, which is estimated at 3,000 hours per year.

Eighty per cent of the funding was provided by a consortium of Algerian state-owned banks. A team of 70 people, including 65 Algerians and five Spaniards, will be responsible for operating the power station.

In addition to electricity production, the project will benefit the environment by substantially reducing carbon dioxide emissions and saving more than 7 million cubic metres of gas annually.

The opening of the new power plant can be seen as the first step in the realisation of Algeria’s innovative energy policy.

The government in February adopted a new strategy, designed to expand the country’s capacity to generate electricity from renewable sources, particularly solar and wind. According to the plan, alternative sources will produce as much as 40% of electricity production in the next twenty years.

As part of this, the government has committed itself to several partnership agreements. In May, Yousfi announced that Algeria was ready to begin long-term co-operation with the Desertec Industrial Initiative, which aims to deliver energy to Europe from solar farms in North Africa and the Middle East.

Siemens, Deutsche Bank and nearly a dozen other European industrial, engineering and finance companies partnered for the 400 billion-euro project. Last December, President Abdelaziz Bouteflika and German Chancellor Angela Merkel agreed to set a joint economic commission to develop the initiative.

Another large-scale project will come to fruition in 2013. The Rouiba factory producing photovoltaic systems and modules will cost about 40 billion dinars (383 million euros), employ 500 workers and have a production capacity of 116 MW per year.

Source: algeriabusinessinfo.com

Posted July 27, 2011 by newworldconsulting in Uncategorized

Pöyry awarded railway site supervision contract in Algeria   Leave a comment

21/07/2011

Pöyry’s Urban and Mobility business group has been awarded a site supervision project by Algerian National Agency for Design Studies and Monitoring of Implementation of Investment in Railways (ANESRIF), for the biggest railway project ever realized in Algeria. The work will be carried out in cooperation with Systra. Pöyry’s share as consortium leader is about EUR 14.8 million. The order value has been booked into the second quarter 2011 order stock. Project is expected to be completed in April 2015.

The railway track to be constructed between the stations Thenia and Bordj Bou Arréridj on the line Algiers-Constantine is one of the key projects to develop the national infrastructure capacities in Algeria. The double railway track of 175 km includes more than 20 km of tunnels as well as several bridges and viaducts also totalling more than 20 km. Pöyry’s services in the project will cover approval of design and site supervision.

Pöyry has previous experience in Algerian rail projects and is currently working in various rail projects worldwide. The assignments include for instance supervision of rail projects in China, Spain and Finland, rail design projects in Poland, Germany and Romania as well as metro projects in Brazil, Peru and Finland.

PÖYRY PLC

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry’s net sales in 2010 were EUR 682 million and the company’s shares are quoted on NASDAQ OMX Helsinki. (Pöyry PLC: POY1V).

Source : poyry.com

Posted July 21, 2011 by newworldconsulting in Uncategorized

Sonelgaz To Invest €250 Million To Produce Silicium, Yousfi   Leave a comment

Minister of Energy and Mines, Youcef Yousfi, said on Sunday that the government is ready to launch the first workshops of exploring Silicium, which is to be destined for producing solar poles.

 

 

At the sidelines of the national fair on subcontracting for generating solar and wind energies, Mr Yousfi specified to reporters that Silicium is an essential substance in the production of voltage panels, adding that the local gas and electricity distributor company Sonelgaz is set to invest 250 million Euros to start producing Silicon as by 2013.

On another side, Mr Yousfi indicated that Algeria tends to set up a project going until 2030 and aiming at generating 40 percent of local electricity needs.

He said foreign investors have already expressed interest in the project, and the government is due to launch it in accordance with a book of specifications, that stipulates producing the project’s features locally, guaranteeing a foreign financing to the project and finding foreign markets to export the generated electricity.

As for international Desertec project, Mr Yousfi said Algeria has its own programme of generating clean energies, and yet ready to discuss any partnership in that area.

He added that the North African nation aims through the national programme at developing renewable energies to generate 12 Megawatts power.

Source : Echouroukonline

Posted July 11, 2011 by newworldconsulting in Uncategorized

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