Algeria welcomes Iran housing firms

Algiers, 2007 Nov 23, Press TV
 
The Algerian government says it supports Iranian companies that make investments in local housing and rural development projects.

"We feel committed to support those who contribute to housing development projects," Algeria's Minister of Housing and Urban Development, Noureddine Moussa, said at an international housing exhibition in Algiers.

Iran participated in a housing exhibition in Algeria along with 110 construction companies from around the world.

Gholamreza Hakimian a branch manager of Housing Investment Co. is negotiating with Algeria to pioneer various construction projects in the North African country.

Algerian President Abdelaziz Bouteflika stated in 2004 that Algeria plans to construct one million housing units by 2009.