Ortiz and Assignia Group have signed the creation of two joint ventures to start the construction of 10,000 low cost homes each.

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Ortiz and Assignia Group have signed the creation of two joint ventures to start the construction of 10,000 low cost homes each.


Both companies therefore be the first to embark on this ambitious project that is part of the agreement signed between Spain and Algeria to Spanish companies collaborate in the construction of 50,000 homes. This was announced by the Minister of Development, Ana Pastor, during the Meeting V Spain-Algeria held on January 10, 2013.


Representing Grrupo Ortiz was Luis Cuevas, International Director Business Area.

The North African country is currently implementing the 2010-2014 program aimed at improving the country's building stock. The Algerian government aims to renovate existing housing and build new ones through the public and private sectors.

 

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