The Algerian government has recently announced the launching of a five year public investment plan starting in 2010 until 2014. This program is the continuation of previous economic plans covering the period from 2004 to 2009 and the general dynamic of national reconstruction through economic growth revival launched in 2001. The total financial commitments represent an amount of 21.214 billions of Algerian Dinars
(286 billions, US Dollars).
This five year public investment plan' stretching from 20 I 0 until 2014 will be focused on both the completion of previous projects for an investment amounting 9.700 billions of AD (130 billions US Dollars) and the launching of new projects for the amount of 11.534 billions of AD (156 billions US dollars).
More than 40 % of these resources will be allocated for human development. 1500 health related infrastructures (172 hospitals) and 5000 national education's structures, including high school, universities and other training institutions are part the targets set out by the new five-year plan.
Moreover, two million housing units are to be built within the timeframe of the plan. One million houses will be connected to the natural gas network and 220.000 rural households will be endowed with electricity.
In Addition, 35 dams are to be realized as well as 25 water transfer systems with the objective of increasing the quantity of and the accessibility to available drinking water.
40 % of the funds will be invested in order to maintain the national economic growth, the infrastructural development and the improvement of the public sector. To this effect, 3.100 billions AD will be spent in the civil engineering sector in order to extend .and modernize the road sector. 3.132 Billion DA is to serve the completion of the East-West highway. .
An amount of 150 Billion AD is to be allotted to the promotion of small and medium-sized enterprises (SMI).
The Five year public investment plan intends on lowering the percentage of unemployment under 10 % by 2014. For this end, 350 billions AD will be assigned to fostering job creation. Overall, the five year economic plan has set itself to focus on the qualitative aspects of progress and growth. Therefore, its main priority is to support sustainable growth and human development.