Algeria's Minister of Housing, Urban Planning, and City Development, Mohamed Tarek Belaribi, announced on Monday that 200,000 housing units are currently under construction as part of the "Aadl 3" program. This program aims to provide affordable housing through a rent-to-own scheme. The minister made the announcement during a visit to the province of Bordj Bou Arreridj to inspect ongoing projects.
The "Aadl 3" program is part of Algeria's efforts to address the country's housing needs. The minister revealed that an additional 300,000 housing units will be launched soon across the country. This move is expected to help alleviate the housing shortage and provide more Algerians with access to affordable housing. The program's progress was also highlighted during the visit, with the minister inspecting several projects in the province.
As part of the program, the minister announced that a number of housing units will be distributed across several provinces to coincide with the 72nd anniversary of the outbreak of the Algerian Revolution. This move is seen as a significant step towards addressing the country's housing needs. The minister also revealed that work will begin soon on the second phase of the program.
The minister also announced that payment orders for the second phase of the program will be issued soon, with the possibility of payments being made in two stages. This move is expected to facilitate the process for beneficiaries and ensure the smooth implementation of the program. The "Aadl 3" program is part of Algeria's efforts to provide affordable housing to its citizens.
The housing program is a key initiative of the Algerian government to address the country's housing needs. The program aims to provide affordable housing to Algerians through a rent-to-own scheme. The minister's visit to the province of Bordj Bou Arreridj highlighted the progress made so far and the government's commitment to delivering on its promises.
Algeria has been working to develop its housing sector and address the needs of its citizens. The "Aadl 3" program is part of these efforts, and the minister's announcement is seen as a positive step towards providing more Algerians with access to affordable housing. The program's impact is expected to be significant, with thousands of housing units being made available to beneficiaries.
The Algerian government's efforts to address the country's housing needs have been ongoing, with several initiatives launched in recent years. The "Aadl 3" program is part of these efforts, and the minister's announcement is seen as a significant step towards delivering on the government's promises. The program is expected to have a positive impact on the lives of thousands of Algerians.
Key points
- 200,000 housing units are currently under construction as part of Algeria's "Aadl 3" program.
