Excerpt: “…Badreddine Hamadi, who represents BDP Project Logistics in the Algerian port city of Skikda, is confident these enormous projects will continue no matter how rapidly – or slowly – the global economy recovers. ‘The price of oil does not have any impact on these projects,’ he said. ‘These are signed contracts for 10-yer periods, no matter what happens. Algeria cannot go backward now.’

Hamadi said the massive projects are being built with capital and equipment from North America, Europe, and Asia, but most of the equipment in U.S.-funded projects will be purchased in the U.S. and delivered from U.S. ports. Although the Port of Algiers has significant container capacity, much of the breakbulk activity occurs in two otehr ports on opposite ends of the country – Mostaganem, about 300 miles west of Algiers, and Skikda, about 300 miles to its east.”

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