Finance

Algeria: Dounia Park scandal

Thursday, 01 September 2016 21:12

In Algeria, Abdelouahab Nouri, the Minister of Land Development, Tourism and Craftsmanship, on an inspection tour in the tourism expansion zones (ZET), complained about land grabbing which impaired the optimal implementation of the Parc des Grands Vents (Dounia Park) project in Algiers.

The complex which was to become a recreation park with playing zones, green spaces and restaurants, has obviously been poorly handled. “The project took dangerous turns and now requires strict and urgent measures. I was really surprised when I found out about and studied the status of this project. It is true that some executives previously told me that plots were being illegally distributed but I couldn’t believe them because the park is supposed to be well-protected. Sadly, everything was true. Against the law, plots are indeed being distributed for fake projects, mainly portrayed as fast-foods,” the minister told El Moudjahid.  

Out of the 1,059 hectares dedicated to the project, nearly 65 hectares were illegally distributed. This drove land management offices to cancel contracts for a hundred projects as the minister said “it was impossible to promote the development of tourism by encouraging such non-respect of the law”.

Souha Touré

On the same topic
REGIDESO and Singapore-based EFGH signed a service framework agreement to digitalize revenue collection nationwide. The partnership will develop secure...
Cameroon prioritizes external debt to protect credit standing, delays local payments Domestic repayments to worsen in 2026 as IMF loan payback...
Government seeks CFA3104.2 billion in fresh financing for 2026 Funding need rises by CFA777.7 billion compared with last year Debt risk...
Spending plan reaches CFA8816.4 billion, up 14% from 2025 Special Accounts nearly double after creation of a new women and youth...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
03

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
04

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
05

ECOWAS launched the second phase of PAMCIT to expand training in translation and conference inte...

Africa Turns to Multilingualism to Fill High-Skill Jobs
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.