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Lafarge plans to continue investing in Algeria

Bruno Lafont, CEO of Lafarge is reported as saying in an interview with Algerian publication Liberté that the group has already invested over €240 million in Algeria since 2008 and plans to continue investing to accompany the requirements of the Algerian construction market. Lafarge, which has been present in Algeria for a decade and which employs some 2,600 staff in the country and as many permanent sub-contractors, is aiming to innovate in terms of products and solutions to contribute to building bette
January 6, 2014 Read time: 1 min

Bruno Lafont, CEO of 725 Lafarge is reported as saying in an interview with Algerian publication Liberté that the group has already invested over €240 million in Algeria since 2008 and plans to continue investing to accompany the requirements of the Algerian construction market.

Lafarge, which has been present in Algeria for a decade and which employs some 2,600 staff in the country and as many permanent sub-contractors, is aiming to innovate in terms of products and solutions to contribute to building better cities.

The group is to build a third cement works in Biskra, in partnership with a private Algerian company. Construction is set to start in the first quarter of 2014 for completion by 2016.

Lafarge is also investing in new ready-mix concrete capacities in Algeria to better serve the domestic construction market.

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