Algeria Construction Industry Report 2024: Output to Grow at an AAGR of 4.2% During 2025-2028, Driven by Government Efforts to Expand Renewable Energy Capacity, and Decrease Carbon Emissio...
Lion Group Holding Ltd. - American Depositary Share (LGHL)
Company Research
Source: Yahoo! Finance
and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering. The construction industry in Algeria is expected to grow by 2.9% in real terms in 2024, owing to investments in renewable energy, housing, and industrial sectors, coupled with increasing demand for oil and gas. In December 2023, the Finance Bill 2024 was announced, as part of which, capital expenditure increased by 19%, to DZD2.9 trillion ($20.8 billion). Of the total, DZD848 billion ($6.1 billion) was allocated to the health sector, DZD313.52 billion ($2.3 billion) in payment appropriations for the construction of 460,000 housing units. In another boost to the industry, in February 2024, the government announced that Malaysia-based Lion Group will be investing DZD835.4 billion ($6 billion) for the construction of an iron production unit with a capacity of 1.7 million tonnes per year and a new flake production unit with a production capacity of four
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LGHL
Sec Filings
- 9/3/24 - Form 6-K
- 8/19/24 - Form 6-K
- 8/13/24 - Form 6-K
- LGHL's page on the SEC website