Algerian Government Permits New $3.3 Billion Deep Water Port

Posted on 02/09/2017

Oil and gas comprises the majority of Algeria’s export revenues. The Algerian government has permitted construction to start on a new deep-water port at El Hamdania which is roughly 80 kilometers west of Algiers. The construction project will occur in two phases and cost US$ 3.3 billion. The first berths are expected to be operational […]