The Algerian economy is heavily dependent on revenues from oil exports. However, the low oil and gas prices of the last few years have weighted on the country’s economic performance. To reduce its dependence on oil, the Algerian government aims to diversify into non-oil sectors such as construction, to drive private and foreign investments. This year, the total construction project pipeline in Algeria, as trucked by data provider GlobalData, stands at £109 billion (16.3 trillion in Algerian dinar). Due to a focus on residential construction and building affordable houses, GlobalData expects the residential construction market to account for 38.8% of the construction industry’s total value in Algeria in 2023. The development of transport infrastructure is also expected to further drive the construction industry.
As Algeria’s economy is dominated by public companies which use articulated haulers for construction work, infrastructure developments and earth moving projects, Terex Trucks has reinforced its commitment to customers in the region, together with Matera, Terex Trucks’ dealer in Algeria, and has introduced its articulated haulers, the TA300 and TA400.
According to the manufacturer: “Customers appreciate the simplicity, quality and reliability of the haulers. Terex Trucks has recently made significant investments to ensure their machines support customers in the toughest applications. Towards the end of 2018, the TA300 was upgraded and it’s now manufactured with the latest EP320 transmission. The updated machine delivers a 5% improvement in fuel efficiency, a 5 km/h (3.1 mph) increase in speed to 55 km/h (34 mph), an extended maintenance period and enhanced performance when compared with the previous model. All of this means that customers can be more productive, achieving faster cycle times, lower cost per tonne and reduced carbon emissions.”