After over two years of negotiations, the Algerian municipality of Souk El Tenine and the wilaya's Land Agency have reached an agreement on a major restructuring project for the town center. The project, initially approved several years ago, had stalled due to conflicts and opposition. The town's outdated infrastructure, with buildings dating back to the post-independence era, had become a significant concern for local residents and authorities.
The agreement was sealed with the signing of a convention between the municipality's Popular Assembly and the Land Agency's local office. The project, valued at 30 billion Algerian dinars, includes the construction of 72 promotional housing units, 60 commercial and service premises. The agreement allocates 20% of the project's cost to the Land Agency, with the remainder going to the municipality.
A significant aspect of the agreement is the allocation of 53 commercial premises to the municipality for the relocation of occupants from outdated buildings. The Land Agency will sell the remaining housing and service premises to recover its 20% share of the project's cost. Local authorities and residents have welcomed the agreement, which is expected to modernize the town's infrastructure and boost its economy.
The project's delay was attributed to disagreements between the municipality and the Land Agency over the allocation of resources. Several proposals were rejected by both parties before an agreement was finally reached. The project's revival is seen as a significant achievement for the municipality, with officials hailing it as a major breakthrough.
Slimane Khermous, the municipality's president, expressed satisfaction with the agreement, stating that it preserved the interests of the commune and its population. He emphasized the project's importance in generating revenue and modernizing the town's infrastructure. Khermous also praised the cooperation between elected officials from different parties, who put aside their differences to support the project.
The restructuring project is expected to have a significant impact on the local economy, facilitating the installation of service providers such as banks and state institutions. The project will also address the town's disorganization and anarchy, providing a more modern image for the city. Residents and local businesses are expected to benefit from the project's implementation.
The agreement marks a significant milestone for the municipality, which had faced significant challenges in implementing the project. The project's success will depend on its effective implementation, with local authorities and residents eagerly awaiting the project's completion. The municipality's experience serves as an example of the importance of cooperation and negotiation in achieving development goals.
Key points
- Algerian authorities reach agreement on major restructuring project for Souk El Tenine municipality
- Project valued at 30 billion Algerian dinars to modernize town infrastructure
- Agreement allocates 20% of project cost to Land Agency, with remainder going to municipality
